Whale activity has emerged as another factor in SHIB’s recent price movement. Data from IntoTheBlock reveals that large holder netflow increased by 256% on November 21. These substantial investors, often referred to as whales, accumulated 393.48 billion SHIB tokens, valued at over $9.8 million.

The accumulation by whales marks a sharp contrast to the previous day’s activity, which saw selling pressure of approximately $6 million. This shift in large holder behavior suggests changing market sentiment among institutional and wealthy individual investors.$ETH $BTC #MicrosoftBTCInvestmentVote