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Shiba Inu experienced a lull in its rally over the past few weeks, causing investor interest to decline in the asset. However, this is beginning to change as investors, especially whales, are back to filling up their bags once again.
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Cryptocurrency markets witnessed seismic activity as Whale Alert, a leading service tracking large crypto transactions, reported a monumental transfer of Shiba Inu (SHIB) tokens.
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A Dogecoin (DOGE) whale recently offloaded significant portions of their DOGE holdings in an act of profit-taking. This action has negatively affected the meme coin’s price, which has been on a downward trend since then.
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A crypto whale has made a significant bet, opting to relinquish a significant chunk of his PEPE investment for the Shiba Inu native token, SHIB.
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Shiba Inu is still at the forefront of crypto investors’ minds, especially large investors, as shown by the notable rise in their activity over the last week.
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