Shiba Inu just made a huge unseen move, and it has nothing to do with cost. The volume of whale transactions on the SHIB network surged on June 5, 2025, hitting a six-month high of 24.3 trillion SHIB. According to data from IntoTheBlock, 522 significant transactions were recorded on that day alone, suggesting that institutional players or whales may be repositioning.
This kind of spike in whale transaction volume has historically occurred before significant market changes, either as a prelude to accumulation (strategic buying) or distribution (sell-off). The size of the movement indicates that smart money might be getting ready for something larger, even though the price of SHIB was only around $0.000012 during the surge.
According to the price chart, SHIB is currently consolidating above the $0.000012 mark, a historically tested support zone, after recently dropping below the important support at $0.0000134. A more general bearish trend is indicated by the asset's continued trapping below its 100 and 200-day moving averages. However, a small volume recovery and the RSI lingering close to the oversold area (~39) might indicate a reversal in the making.
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Understanding the ramifications of such significant on-chain movements is crucial. When more than 24 trillion SHIB moves in a day, deep liquidity is being rearranged, not just individual traders. This might pave the way for a rally if momentum increases and sentiment changes. Investors should keep a close eye on the $0.0000138 level because a move above it might pave the way for a move toward $0.0000156.
On the downside, a retest of the $0.000010 zone would probably occur if $0.000012 could not be held. Conclusion: Although the price of Shiba Inu is not yet at its peak, whale behavior is a clear indication that a change is coming. What transpires around this turning point will determine whether that marks the beginning of a deeper capitulation or a bullish reversal.
