According to U.Today, Shiba Inu (SHIB) has experienced a significant increase in on-chain activity over the past 24 hours, indicating a potential bullish trend for the meme-inspired cryptocurrency. Data from IntoTheBlock reveals that the Large Holders Netflow for SHIB has surged dramatically, rising from 28.24 billion SHIB to 80.51 billion SHIB, marking a 285% increase within a single day. This metric is crucial for tracking the movements of whales and investors holding over 0.1% of the circulating supply, serving as an important gauge for market sentiment. The spike in netflow suggests that large players are accumulating their holdings, which is typically a bullish indicator. Historically, such spikes have coincided with market bottoms, implying significant buying activity during market corrections. The increase in large holders' inflows further supports the bullish outlook for Shiba Inu among whales. Inflows to the wallets of large holders have risen by 20 billion SHIB in the past 24 hours, reaching a total of 92.51 billion SHIB. Conversely, the amount of SHIB leaving the wallets of big holders has decreased substantially, dropping from 44.2 billion SHIB to just 12 billion SHIB. With more tokens entering and fewer exiting, the outlook for Shiba Inu appears promising.