The Shiba Inu (SHIB) cryptocurrency is experiencing a significant increase in market activity. This surge is primarily driven by large holders, commonly known as 'whales.'
Recent on-chain data indicates that these whales have significantly ramped up their transaction volumes, exceeding 1 trillion SHIB in a single day. This uptick in activity is expected to impact SHIB's market dynamics positively.
The report suggests that heightened whale activity often leads to increased volatility, which might lead to further interest and trading in SHIB.
