Shiba Inu Whale Frenzy Hits 6-Month High as 8 Trillion Tokens Exit Exchanges ⋆ ZyCrypto

Shiba Inu (SHIB) is attracting major investor attention as whale activity hits a six-month high. 

Leading on-chain metrics provider Santiment reports that this is Shiba Inu’s highest whale transfers since June 6, highlighting renewed large-scale interest.

Whale activity often signals looming market moves. Controlling millions in tokens, these large holders act strategically, either accumulating or preparing to sell.

For Shiba Inu, a surge in whale transactions aligns with a 1.06 trillion SHIB inflow to exchanges, hinting at potential liquidity-driven trades and short-term price volatility.

Notably, on-chain data reveals steady retail activity, but a sudden spike in whale transactions signals a shift in market dynamics, with large holders poised to drive significant price movements.

Over 8 Trillion SHIB Withdrawn in 24 Hours as Whale Activity Shakes Market

Shiba Inu is shaking up the crypto market, with over 8 trillion tokens exiting centralized exchanges in 24 hours. On-chain data shows whale-driven outflows are tightening sell-side liquidity, hinting at potential price volatility ahead.

Over 8 trillion Shiba Inu tokens were withdrawn from centralized exchanges, sharply reducing sell-side liquidity. Such large-scale moves suggest holders are shifting assets to private wallets for long-term storage or strategic trading, potentially tightening supply and impacting market dynamics.

SHIB’s massive outflow from exchanges signals long-term holder confidence, while reduced liquidity heightens short-term volatility, leaving prices highly sensitive to market swings.

Meanwhile, analysts signal a potential bullish surge for Shiba Inu as whales mysteriously transfer 400 billion SHIB, hinting at strategic market moves.