With nearly 500 billion tokens being moved by large investors in just 24 hours, according to data from IntoTheBlock. The key metric, Large Holders Inflow, which tracks transactions from wallets holding at least 0.1% of the circulating supply, saw a remarkable spike during this period. The inflow of SHIB into these wallets reached a total of 492.81 billion, nearly double the previous amount. In contrast, outflows from these wallets amounted to 382.94 billion SHIB, resulting in a net flow of 109.87 billion tokens. This shift marks a significant reversal from the negative net flow observed just a day earlier, hinting at a potential bullish sentiment among large investors.

This surge in whale activity is particularly noteworthy as it indicates that significant investors are accumulating SHIB, rather than simply moving their holdings. This accumulation suggests a growing optimism around the meme coin, especially as whales continue to hold a dominant portion of the token supply. The presence of real Shiba Inu whales, as opposed to exchange-related transactions, reinforces the idea that these investors may be positioning themselves for a possible price rally.

Looking at the price chart of Shiba Inu, there are signs that a bullish breakout could be on the horizon. Despite the recent price correction, where SHIB experienced a brief decline over the last four days, the asset has not faced any drastic sell-offs. Prior to this dip, SHIB experienced a notable 20% surge over just two days, which suggests that the recent pullback could simply be a healthy correction before the upward momentum resumes. If the current pattern forms a successful bull flag, SHIB's price could potentially rise to $0.00003 and beyond, further validating the recent accumulation by whales.

In conclusion, the combination of large-scale accumulation by whales and the formation of a possible bull flag pattern on the price chart points to a potentially bullish outlook for Shiba Inu. Traders and investors may want to keep a close watch on these developments, as the price could see substantial upward movement if the current trend continues. The positive net flow and whale activity signal that Shiba Inu could be gearing up for its next leg higher, making it a coin to watch in the coming days.

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