While Shiba Inu Large Transaction Volume Surges, Yeti Ouro Presale and $100K Raffle Reels in Investor Attention
Whale wallets are going down in the Shiba Inu (SHIB) ecosystem. Data from IntoTheBlock shows transaction volume — transfers worth at least $860.12 million — in the past 24 hours to 2.06 trillion SHIB. The sudden downfall in whale activity is completely opposite to the transactional activity on June 5, where 24.3 trillion SHIB were transacted. One of the major reasons is due to the coin’s inability to regain hype and community.
At the last second of trading today (11 June 2025, 18:38 UTC), SHIB changed hands at US $0.00001300. Although that is still 17.33% below May’s local peak, on-chain heat is building elsewhere, and the , removing more than 26 million tokens from circulation in a single day. The community attributes part of the optimism to the freshly launched ShibDAO, which hands governance votes to holders and could accelerate ecosystem funding decisions.
