New knowledge from the market intelligence agency Santiment reveals that Dogecoin (DOGE) rival Shiba Inu (SHIB) might skyrocket as whale exercise across the meme asset will increase.
In a brand new evaluation, Santiment says that traditionally, deep-pocketed buyers making strikes value over $100,000 have predated peaks in costs for digital belongings.
“Historical past has proven that seismic upticks in $100,000 whale transactions typically come simply earlier than costs peak. One of the vital telling examples occurred in December 2017, when Bitcoin hit almost $20,000 for the primary time. On December 13, 2017, the variety of whale transactions soared to a then-record-breaking quantity of 62,317 in a single day, signaling main profit-taking by giant buyers.”
Whereas this might imply an ensuing crash is coming after the rise in worth, Santiment says whale exercise doesn’t at all times essentially imply that is the case, as high-net-worth buyers are inclined to additionally buy throughout dips quite than promote.
“Typically they can be utilized to seek out worth bottoms, as whales present indicators of accumulation. One such second got here following the crash of early Might 2021.
Whereas most retail merchants have been in a flat-out panic after Bitcoin dropped ~45% between Might 8 and Might 18, 2021, Santiment knowledge confirmed sudden spikes in whale exercise. As a substitute of promoting, whales have been shopping for the dip.”
The crypto analytics agency goes on to say that SHIB presently seems to be within the midst of a whale-driven rally.
“The second-largest meme coin in cryptocurrency could also be closely overshadowed by Dogecoin and different varied smaller speculative belongings lately. However this newest spike of 527 whale transactions on June 5, 2025, was the most important in 5 months.
Since this time, the coin’s market worth has grown by 10%. Primarily based on what we find out about sudden spikes in whale exercise as costs are falling, this might be an excellent signal that it’s just the start of an additional worth rally.”
SHIB is buying and selling for $0.000012 at time of writing, a 5.5% lower on the day.
Observe us on X, Facebook and Telegram
Do not Miss a Beat – Subscribe to get electronic mail alerts delivered on to your inbox
Examine Price Action
Surf The Daily Hodl Mix
 
Disclaimer: Opinions expressed at The Each day Hodl should not funding recommendation. Buyers ought to do their due diligence earlier than making any high-risk investments in Bitcoin, cryptocurrency or digital belongings. Please be suggested that your transfers and trades are at your personal danger, and any losses chances are you’ll incur are your accountability. The Each day Hodl doesn’t suggest the shopping for or promoting of any cryptocurrencies or digital belongings, neither is The Each day Hodl an funding advisor. Please observe that The Each day Hodl participates in internet online affiliate marketing.
Featured Picture: Shutterstock/lexaarts/PurpleRender
