Shiba Inu (SHIB) Whales Wakeup With 525% Skyrocket

Key Points

1. Shiba Inu (SHIB) is trading near $0.00001293, attempting to recover from a recent decline and approaching the 100-day EMA (~$0.00001323).

2. Large transactions (between $100,000-$1 million and $1 million-$10 million) have surged by 122% and 525%, respectively, signaling heightened whale activity.

3. A breakout above $0.00001323 could propel SHIB toward $0.00001450, while the $0.00001200 support level may be retested.

4. Whale movements suggest strategic accumulation, possibly targeting a breakout above key resistance levels (100 EMA and 200 EMA).

5. The increased capital flow from whales highlights renewed interest in SHIB, often preceding notable price movements.