Shiba Inu Whale Inflows Soar 2,952% in May 2025

A significant surge in Shiba Inu whale activity was observed in May 2025, with inflows into large wallets jumping by a staggering 2,952%. This unprecedented movement saw a massive influx of 6.42 trillion SHIB tokens entering prominent wallets, potentially signaling a shift in market dynamics. The increased participation and bullish sentiment are evident not only from the rising trading volumes but also from the notable increase in SHIB derivatives open interest (to $182.67 million) and a 20.72% jump in SHIB derivatives open interest. This influx coincided with the SHIB price experiencing a sharp rise after three days of relative flat trading near its daily Simple Moving Average 50.