EU Court Cuts Intel Antitrust Fine to €237 Million Amid Long-Running AMD Dispute 
Shell M&A Chief Exits After BP Takeover Proposal Rejected 
Biren Technology Targets Hong Kong IPO to Raise $300 Million Amid China’s AI Chip Push 
ETHUSD Dips Below $3000 on BOJ Rate Hike Fears: Buy the Dip at $2700, Targeting $4000? 
Republicans Raise National Security Concerns Over Intel’s Testing of China-Linked Chipmaking Tools 
Apple Explores India for iPhone Chip Assembly as Manufacturing Push Accelerates 
Delta Air Lines President Glen Hauenstein to Retire, Leaving Legacy of Premium Strategy 
Amazon in Talks to Invest $10 Billion in OpenAI as AI Firm Eyes $1 Trillion IPO Valuation 
SUPERFORTUNE Launches AI-Powered Mobile App, Expanding Beyond Web3 Into $392 Billion Metaphysics Market 
ANZ New CEO Forgoes Bonus After Shareholders Reject Executive Pay Report 
SpaceX Insider Share Sale Values Company Near $800 Billion Amid IPO Speculation 
Australia’s Under-16 Social Media Ban Sparks Global Debate and Early Challenges 
Trump Sues BBC for Defamation Over Edited Capitol Riot Speech Clip 
FxWirePro- Major Crypto levels and bias summary 
 Soars 2,944% as Whales Flood Market with Billions in Bullish Inflows - EconoTimes)
Shiba Inu (SHIB) holders have witnessed a significant shift in whale activity, with major netflow surging 2,944% in the past 24 hours. The sudden spike suggests increased confidence among large holders, raising anticipation of a potential price rally for the meme-inspired cryptocurrency.
SHIB Whale Activity Surges 2,944%, Fueling Speculation
According to data from IntoTheBlock, the number of major holders' netflow has increased by more than 2,944% in the previous 24 hours, suggesting that something fascinating is about to happen in the next days regarding the famous meme-inspired cryptocurrency Shiba Inu (SHIB).
There was a total of 322.7 billion SHIB, or Shiba Inu tokens, deposited into the whale's wallet. This is in contrast to yesterday's -10.96 billion SHIB.
Whale Sentiment Turns Bullish
The volume of token transactions has not only increased dramatically, but it has also become positive, indicating that the whales' sentiment has shifted to one of bullishness and that they have begun to stockpile. That is borne up by the special inflow statistic, which hit an all-time high of 2.67 trillion SHIB during the review period, with outflows coming in slightly behind at 2.35 trillion SHIB.
Price increases for the widely used meme coin are undoubtedly the cause of the upswing. Alternately, its profile is improving. After reversing a six-month decline, the Shiba Inu price surged by more than 40%, reaching a peak of $0.0000217.
Price Volatility and Recovery
Since then, SHIB's price has fallen precipitously, reaching a low of 19% yesterday before swiftly recovering thanks to purchasers who took advantage of the price discrepancy and sent it 6% higher.
This is likely what the on-chain statistics show when this price action meets the movements of whales, as explained by U.Today.
Healthy Correction Prepares SHIB for Next Surge
Since only one-third of the September pump has been lost, the correction in SHIB is now considered as healthy. With the removal of latecomers and superfluous passengers, the Shiba Inu token can now rise.
