Shiba Inu is facing a significant drop in whale activity, with transaction volumes decreasing by 35%. This decline, from nine trillion SHIB to four trillion SHIB, is worrying investors.
Whale activity has historically influenced the price swings of SHIB, making the reduction in large transactions a point of concern for those heavily invested in the cryptocurrency.
The potential impact on SHIB's price stability is leading to cautious market sentiments as whales have been key players in its price movements.
