The post SHIB sees a monster 6-month spike in whale activity appeared on BitcoinEthereumNews.com. As meme cryptocurrency Shiba Inu (SHIB) continues to show short-term recovery, on-chain data indicates that the token has recorded a sharp resurgence in large-scale whale activity. Specifically, Shiba Inu has recorded its highest level of major investor activity in six months, with the network reporting 406 whale transactions within a day, according to Santiment data shared on December 9. Each transfer exceeded $100,000, marking the highest concentration of large movements since June 6. This spike coincided with a significant shift in exchange supply, as more than 1.06 trillion SHIB flowed onto centralized exchanges within 24 hours. Shiba Inu whale transaction chart. Source: Santiment Notably, the whale movement emerged amid SHIB’s price fluctuations, suggesting strategic positioning by large holders. Historically, such inflows to exchanges precede market volatility, and the current activity aligns with this trend. In the near term, SHIB’s price will depend on how whales use these deposited tokens. Large inflows typically increase downward pressure, as major holders may sell.  At the same time, if these tokens hit the market, SHIB could experience a pullback or sharp intraday swings. However, if whales are positioning for buying or short-term liquidity, the activity could fuel a rebound or upside volatility. SHIB’s ecosystem trader participation  Additional data from Santiment shows that trader participation in the SHIB ecosystem has escalated dramatically. The network’s aggregate trading volume across all exchange applications surged to $66.91 trillion on Sunday before stabilizing at $4.01 trillion on Tuesday.  SHIB trader participation chart. Source: Santiment This is the highest sustained volume level since March 2024, signaling revived interest among market participants and deeper liquidity across the ecosystem.  Such a spike typically reflects renewed confidence and an improved ability for large orders to be executed without destabilizing price, strengthening SHIB’s short-term bullish case. SHIB price analysis  As of press time, SHIB… The post SHIB sees a monster 6-month spike in whale activity appeared on BitcoinEthereumNews.com. As meme cryptocurrency Shiba Inu (SHIB) continues to show short-term recovery, on-chain data indicates that the token has recorded a sharp resurgence in large-scale whale activity. Specifically, Shiba Inu has recorded its highest level of major investor activity in six months, with the network reporting 406 whale transactions within a day, according to Santiment data shared on December 9. Each transfer exceeded $100,000, marking the highest concentration of large movements since June 6. This spike coincided with a significant shift in exchange supply, as more than 1.06 trillion SHIB flowed onto centralized exchanges within 24 hours. Shiba Inu whale transaction chart. Source: Santiment Notably, the whale movement emerged amid SHIB’s price fluctuations, suggesting strategic positioning by large holders. Historically, such inflows to exchanges precede market volatility, and the current activity aligns with this trend. In the near term, SHIB’s price will depend on how whales use these deposited tokens. Large inflows typically increase downward pressure, as major holders may sell.  At the same time, if these tokens hit the market, SHIB could experience a pullback or sharp intraday swings. However, if whales are positioning for buying or short-term liquidity, the activity could fuel a rebound or upside volatility. SHIB’s ecosystem trader participation  Additional data from Santiment shows that trader participation in the SHIB ecosystem has escalated dramatically. The network’s aggregate trading volume across all exchange applications surged to $66.91 trillion on Sunday before stabilizing at $4.01 trillion on Tuesday.  SHIB trader participation chart. Source: Santiment This is the highest sustained volume level since March 2024, signaling revived interest among market participants and deeper liquidity across the ecosystem.  Such a spike typically reflects renewed confidence and an improved ability for large orders to be executed without destabilizing price, strengthening SHIB’s short-term bullish case. SHIB price analysis  As of press time, SHIB…