Large investors, often referred to as “whales,” dictate some of the pace of the crypto market. Their decisions influence short- and medium-term trends, which attracts the attention of traders and analysts whenever a token experiences massive accumulation. Shiba Inu (SHIB), one of the most popular memecoins on the market, is currently experiencing unusual activity. According to data from IntoTheBlock, the Large Holder Netflow indicator (which measures the inflows and outflows of large wallets) has seen a spectacular increase of 1,079% in just 24 hours. After a negative flow of -177.74 billion SHIB on January 3, the balance returned to the green with 67.52 billion SHIB purchased by whales the following day. This sudden reversal raises many questions: are we witnessing the beginnings of a bullish rally or is it simply a speculative maneuver?
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