Shiba Inu, the Dogecoin rival, might be on the verge of a price jump, according to crypto analytics firm Santiment. Their analysis shows a significant increase in whale activity – large investors moving over $100,000 worth of SHIB – which historically precedes price peaks.
Whale Activity: A Price Predictor?
Santiment points to past examples, like the Bitcoin surge in December 2017, where a massive spike in whale transactions just before the price hit almost $20,000. However, they caution that whale activity isn’t always a harbinger of a crash. Whales also often buy during dips, accumulating assets at lower prices. A prime example was the May 2021 Bitcoin crash, where whales actively bought during the market panic.
SHIB’s Recent Whale Frenzy
Santiment highlights a recent surge in SHIB whale transactions. On June 5th, 2025, the highest number of whale transactions in five months was recorded – a whopping 527. Since then, SHIB’s market value has climbed by 10%. This significant increase in whale activity, coupled with the price increase, suggests a potential continued rally.
Current SHIB Price and Disclaimer
At the time of writing, SHIB is trading at $0.000012, down 5.5% for the day. It’s important to remember that this analysis is not financial advice. Always do your own research before investing in cryptocurrencies. Investing in crypto carries significant risk, and you could lose money.