Shiba Inu Whale Alarm Following 37% Rally: 7-Month Record Shattered

Following a rapid 37% surge in the price of Shiba Inu (SHIB), whale profit-taking and late interest from retail investors have created a striking contrast in the market.

One of the popular meme coin projects, Shiba Inu (SHIB), has excited its investors by gaining 37% in value over the last two days. However, the fact that the price gave back some of these gains following this sharp rise brought significant signals in on-chain data. According to data shared by Santiment, 52 large whale transactions took place in a single day while the rally was ongoing, reaching the highest level seen since March 31. This situation clearly demonstrates that large investors viewed the rally as a profit-taking opportunity.

Retail Investors Caught in the FOMO Effect

While whales were reducing their positions, social media interest from small investors peaked just as the rally began to fade. The social dominance rate climbed to 0.084%, reaching its highest point since April 2. Data shows that retail investors, acting on the “fear of missing out” or FOMO, entered the market toward the end of the surge. This implies that these late-arriving investors provided exactly the liquidity whales needed to cash out their holdings.

The Importance of Tracking Whale Movements

Santiment analysts emphasize that investors, especially in meme coin markets, should act more strategically instead of getting caught up in social media hype. Experts state that it could be more profitable to take profits when excessive optimism and FOMO increase on social media, and to buy back when the community loses confidence in the project and begins negative discourse.

As seen in the SHIB example, tracking sudden spikes in whale transactions and social media metrics plays a critical role in determining the market peak. Correctly reading exit signals from large investors can prevent retail investors from becoming a source of liquidity at peak points. Therefore, it is of great importance to analyze price movements not just through charts, but together with on-chain data such as social media dominance and wallet movements.