Shiba Inu (SHIB) Crypto Whales Scoop Up Over $35M, Predicting Bull Season

Shiba Inu price increased Source: WindAwake /

The price of Shiba Inu (SHIB) has risen by more than 15% in a week as whales scoop up large amounts of the token. The transactions suggest that a large group of whales is stockpiling SHIB.

Whales are flocking to the Shiba Inu, with large holders purchasing over $35 million in a single day. Transactions have taken place as the price has risen significantly.

SHIB has gained more than 11% in the last 24 hours, with a trading volume of more than $617 million, according to CoinMarketCap data.

One whale purchased approximately 119.3 billion SHIB just as the token broke through its resistance level. Another paid $33.6 million for a whopping 3.36 trillion SHIB.

Surprisingly, these are both new whales, and both transactions occurred within a 24-hour period.

Shiba Inu’s price can be unpredictable because it is a meme coin. However, there have been some significant changes in the ecosystem.

The market has also been improving in general, with all assets seeing significant price increases in recent days.


Roland is a Public Relations & Communications guru with an immense passion for the blockchain and crypto industry. A fusion of his expertise and passion led to the dawn of Optimisus in 2020.