New data from the market information company Santiment reveals that Dogecoin (doge) rival Shiba Inu (ShIB) is raising as the whale activity around the Meme assets increases.
In a new analysis, santiment out That historically, deeply accompanied by investors who make more than $ 100,000, more than $ 100,000 have a peak prizes for digital assets.
“History has shown that seismic increases in $ 100,000 whale chanties often come just before the prizes. One of the most meaningful examples took place in December 2017, when Bitcoin reached almost $ 20,000 for the first time. On December 13, 2017, the number of whale chanties uphill increased to a then record -breaking amount of 62,317 in a single day, which indicates an important profitable profit by large investors. “
Although this could mean that a subsequent crash comes after the price increase, Santiment says that whale activity does not always mean that this is the case, because investors with a high net value tend to buy during dips instead of selling.
“Sometimes they can be used to find price soils, because whales show signs of accumulation. Such a moment came after the crash from the beginning of May 2021.
While most retail traders were in a flat panic after Bitcoin ~ 45% fell between May 8 and May 18, 2021, santiment data showed sudden peaks in whale activity. Instead of selling, whales bought the dip. “
The crypto-analyzed company also says that Shib currently seems to be in the middle of a whale-driven rally.
“The second largest meme coin in cryptocurrency can now be overshadowed by Dogecoin and other different smaller speculative assets. But this newest peak of 527 whale chanties on 5 June 2025 was the largest in five months.
Since this time, the market value of the currency has increased by 10%. Based on what we know about sudden spikes in whale activity when prices fall, this can be a good sign that it is just the start of a further price rally. “
Shib acts for $ 0.000012 at the time of writing, a decrease of 5.5% in the day.
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