Shiba Inu (SHIB) has experienced a remarkable surge in activity, with transactions spiking to almost four trillion SHIB within just a single day. This sudden increase, driven primarily by substantial whale-tier trading, has reignited interest among investors in the cryptocurrency.
New on-chain data reveals a notable rise in large SHIB transactions, pointing to renewed attention from major holders. This data suggests that significant players in the market are again focusing on SHIB, potentially signaling a bullish breakout.
The increase in whale-tier trading activity supports the view that influential market makers are optimistic about SHIB's future, stimulating the broader market's interest and participation. Such activity among major holders can often serve as an early indicator of potential bullish trends.
