Shiba Inu (SHIB) witnessed a surge in whale activity overnight, with massive token transfers by major holders. This activity, while substantial, did not trigger a significant price drop, suggesting whales may be accumulating or repositioning their holdings instead of liquidating. 351.6 billion SHIB tokens were transferred between August 12 and 13, up from 240.13 billion the previous day – a jump of 40%, according to IntoTheBlock data. This notable activity came amidst a period of price stability, with SHIB hovering around $0.000014 throughout the period. While there was no sharp decline in price during this shift, some analysts believe these moves could be a sign of accumulation or strategic adjustments by whales. Technical charts point towards a consolidation phase before potential breakout, fueled by resistance levels that have capped recent gains. If broken, the momentum could propel SHIB prices toward the $0.00002 threshold, according to many analysts.