Moore Threads Stock Slides After Risk Warning Despite 600% Surge Since IPO 
SpaceX Insider Share Sale Values Company Near $800 Billion Amid IPO Speculation 
Strategy Retains Nasdaq 100 Spot Amid Growing Scrutiny of Bitcoin Treasury Model 
BTC Bulls Defend $90,000 – One Fed Spark Away from $100K Explosion 
Apple App Store Injunction Largely Upheld as Appeals Court Rules on Epic Games Case 
Adobe Strengthens AI Strategy Ahead of Q4 Earnings, Says Stifel 
Rio Tinto Signs Interim Agreement With Yinhawangka Aboriginal Group Over Pilbara Mining Operations 
U.S.-EU Tensions Rise After $140 Million Fine on Elon Musk’s X Platform 
Intel’s Testing of China-Linked Chipmaking Tools Raises U.S. National Security Concerns 
Australia’s Under-16 Social Media Ban Sparks Global Debate and Early Challenges 
Azul Airlines Wins Court Approval for $2 Billion Debt Restructuring and New Capital Raise 
ETH Bulls Smash Trendline – $4,000 Next as Whale Squeeze Tightens 
Evercore Reaffirms Alphabet’s Search Dominance as AI Competition Intensifies 
FxWirePro- Major Crypto levels and bias summary 
 Rallies 68% as Whale Transactions Reach $25M, Revitalizing Market Momentum - EconoTimes)
Shiba Inu (SHIB) rebounded with a 68% rise in whale transactions, pushing the token's market activity past $25 million. This sudden surge follows a challenging week for SHIB, hinting at renewed bullish sentiment driven by large account holders.
SHIB Surges Back into the Spotlight
After a week-long slump, the Shiba Inu (SHIB) stock price is back in the spotlight thanks to a big market upheaval.
Shiba Inu's price was $0.0000132 as of this writing, according to statistics from CoinMarketCap, a 1.75% increase over the past 24 hours. Among the few instances since the beginning of September when SHIB measures across price and volume would enter a positive session, this is worth noting.
With a staggering 68% increase in only one day, Shiba Inu whales are undoubtedly leading the charge in this upheaval. These major wallet account holders have transacted a total of $24.97 million, according to data from IntoTheBlock.
Whale Trades Hit $100,000 Threshold
The threshold at which IntoTheBlock considers a transaction to be a whale is $100,000. In the last day, a grand total of 98 transactions have taken place. The actual amount of SHIB that has been shuffled by major whale holders throughout this time span is 1.95 trillion.
The expansion of the token is directly related to the consequences of this whale move. According to U.Today, all three metrics—price, market capitalization, and trading volume—have recovered from previous critical levels thanks to an increase in whale transactions.
The current state of Shiba Inu's success is overshadowed by its strong relationship with Bitcoin.
Bitcoin's Role in SHIB's Positive Trend
The upward trend in the price of Bitcoin (BTC) as of this writing may explain this seemingly favorable price change. Nevertheless, for SHIB to achieve long-term success, the token must continue to evolve with the ecosystem. The multitude of improvements aiming to be integrated into Shibarium provides the foundation for the token to continue expanding in the long run.
By the end of the year, if SHIB's recent gains hold, it might have broken free of Bitcoin's long-term influence, increasing the likelihood that it will retest its ATH.
