Shiba Inu whale transactions have seen a significant rise, jumping by 60% in just one day. However, this increase has not necessarily brought good news. The significant difference between inflows and outflows of Shiba Inu holdings suggests that the activity may not be entirely positive for the cryptocurrency.
Large-volume transactions by Shiba Inu whales indicate notable movement in the market. Yet, the specifics of these transactions raise concerns as outflows surpass inflows, which could impact the overall market sentiment for Shiba Inu adversely.