Shiba Inu Whale Activity Surges 527% in Five Months, Price Up 10%

According to the analytics platform Santiment, a rival to Dogecoin, Shiba Inu (SHIB), could experience a significant price increase due to a surge in whale activity. Santiment's analysis reveals that historically, large transactions worth over $100,000 by deep-pocketed investors have often preceded peaks in digital asset prices. For instance, in December 2017, the number of whale transactions soared to a record-breaking amount just before Bitcoin hit nearly $20,000 for the first time.

While increased whale activity can sometimes signal an impending crash, Santiment notes that high-net-worth investors also tend to purchase during market dips. A notable example occurred in early May 2021, when Bitcoin dropped significantly, and Santiment data showed sudden spikes in whale activity as they bought the dip rather than selling.

Currently, SHIB appears to be in the midst of a whale-driven rally. On June 5, 2025, there was a spike of 527 whale transactions, the largest in five months. Since then, the coin’s market value has grown by 10%. This sudden spike in whale activity during a price decline could indicate the beginning of a further price rally.

Santiment's insights are based on data-driven analysis, providing a more objective view of market trends. By tracking whale activity, the platform identifies patterns that may not be immediately apparent to the average investor. This information can be valuable for traders and investors looking to make informed decisions in the cryptocurrency market.

In conclusion, the increased whale activity surrounding SHIB suggests that the cryptocurrency could be on the verge of a price increase. This trend indicates that major players in the market are bullish on SHIB's prospects. As the cryptocurrency market continues to evolve, it will be interesting to see how this trend develops and whether it translates into sustained price growth for SHIB.