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Whale 'speaks out': Shiba Inu (SHIB) is entering a new bullish cycle?
According to a recent report from the analysis platform Santiment, it seems that Shiba Inu (SHIB) is beginning a new bullish cycle, thanks to a surge in large transactions by whales. These transactions often occur before significant market fluctuations, which has drawn investors' particular attention to SHIB recently.
The correlation between whale trading and market volatility
Santiment has indicated that transactions exceeding $100,000, often referred to as "whale transactions," are closely related to significant turning points in the cryptocurrency market. In the past, spikes in whale transactions have frequently signaled major changes in the value of cryptocurrencies. A notable example is in December 2017, when whale transactions of Bitcoin reached a record 62,317 transactions in just one day, right before the price of Bitcoin peaked near $20,000.
Although these spikes often accompany retail investors taking profits, Santiment also emphasizes that increased whale activity may indicate accumulation during a bearish phase. Another example is in May 2021, when the price of Bitcoin fell by as much as 45% and many retail investors panicked and sold off. However, during that time, whale buying activity increased significantly, marking the beginning of a strong recovery phase for the market.
Shiba Inu seems to be following a similar pattern as before. On June 5, 2025, SHIB recorded 527 whale transactions – the highest in the past 5 months. Since then, the market value of this meme coin has increased by 10%, a positive sign for investors watching SHIB.
Santiment believes that this increase could signal the beginning of a sustainable bullish trend. Although SHIB no longer holds the prominence of Dogecoin and other speculative coins, the renewed attention from whales and large investors could bring new momentum to this cryptocurrency.
Although data from Santiment shows that the increase in whale activity could lead to a bullish trend, investors should also be cautious and note that whale transactions do not always accompany a clear price trend. Whale transactions may not completely predict the future price direction, but they remain an important and noteworthy indicator.
Santiment's report concludes:
"With the activity of SHIB whales surging and the price starting to rise, this bullish trend may continue."
With the surge in whale trading and signs of a recovering market, Shiba Inu may be entering a new bullish cycle. However, investors need to closely monitor market factors and note that whale trading is just one of the signals that need to be carefully assessed.
Emma