Sam Altman Reportedly Explored Funding for Rocket Venture in Potential Challenge to SpaceX 
IKEA Launches First New Zealand Store, Marking Expansion Into Its 64th Global Market 
Baidu Cuts Jobs as AI Competition and Ad Revenue Slump Intensify 
Nexperia Urges China Division to Resume Chip Production as Supply Risks Mount 
FxWirePro- Major Crypto levels and bias summary 
Apple Alerts EU Regulators That Apple Ads and Maps Meet DMA Gatekeeper Thresholds 
Wikipedia Pushes for AI Licensing Deals as Jimmy Wales Calls for Fair Compensation 
EU Prepares Antitrust Probe Into Meta’s AI Integration on WhatsApp 
Quantum Systems Projects Revenue Surge as It Eyes IPO or Private Sale 
Momenta Quietly Moves Toward Hong Kong IPO Amid Rising China-U.S. Tensions 
FxWirePro- Major Crypto levels and bias summary 
Airbus Faces Pressure After November Deliveries Dip Amid Industrial Setback 
Taiwan Opposition Criticizes Plan to Block Chinese App Rednote Over Security Concerns 
Firelight Launches as First XRP Staking Platform on Flare, Introduces DeFi Cover Feature 
USPS Expands Electric Vehicle Fleet as Nationwide Transition Accelerates 
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.
