Shiba Inu (SHIB) Drives Surge in Whale Accumulation as Geopolitical Tensions Rise

In the aftermath of military actions in the region, cryptocurrency markets have experienced a significant downturn. Amidst this volatility, data indicates an increase in activity from large wallet holders in various altcoins, including Shiba Inu, Compound, and UMA.

This uptick in transactions might suggest that major investors are reassessing their positions as the market endeavors to regain stability.

Whale Accumulation

Recent days have witnessed a notable rise in whale transactions involving mid- and lower-cap cryptocurrencies, hinting at possible reversals in price trends. The latest analysis suggested that surges in large financial transfers could be indicative of whales strategically buying or selling their holdings.

Tokens experiencing accumulation include Shiba Inu, Ankr, and LCX, with significant increases in whale activity correlating with price upticks or recovery prospects.

On June 5, Shiba Inu (SHIB), which ranks as the second-largest meme cryptocurrency, documented 527 transactions by whales, marking the highest daily spike in five months. This surge happened alongside a slight increase in price, prompting analysts to speculate that it might signal the initial stages of a broader upward movement, particularly as the spike occurred during a price decline.

In a similar vein, Ankr (ANKR), known for its decentralized infrastructure services, recorded eight transactions exceeding $100,000 on June 8, which followed a 23% decrease over the preceding month. Although it has been somewhat overlooked recently, historical patterns indicate that increased whale activity often foreshadows price recoveries.

Additionally, LCX, the utility token for the Liechtenstein Cryptoassets Exchange, reported 12 significant whale transfers on June 9, which is the highest count since February. After a 31% fall from its peak in April, the token has rebounded by 8%, raising interest regarding renewed investment, likely influenced by its regulatory environment and relatively low market capitalization.

Whale Dumping

Conversely, there are signs of whale sell-offs observed in assets like SPX6900, Compound (COMP), and UMA. SPX6900, a humorous meme coin that has skyrocketed by 486% over three months, saw 134 major transactions on June 9, indicating that whales may be cashing in on profits, potentially marking a peak in its recent rally.

Likewise, Compound, a decentralized finance token that facilitates interest earnings on crypto deposits, had its highest number of whale transactions since April 1, with 157 transfers recorded on June 9. This occurred amid a substantial price rise, which analysts suggest may signal overbought market conditions in the short term.

Meanwhile, UMA, a platform for generating synthetic assets without real-time pricing data, exhibited concerning trends with 27 whale transactions on June 8, the most in 2025, right as its price surged by 52% from June 5 to June 8. The timing appears to indicate coordinated profit-taking activities. Sudden spikes in high-value transactions, especially following rapid price increases, can often serve as early indicators of local market peaks and possible pullbacks.