Trillions in SHIB Flow Into Whale Wallets in Sudden Buying Frenzy

On May 7, blockchain data revealed a stunning wave of accumulation, with trillions of SHIB tokens pouring into large wallets in what appears to be a major repositioning by key market players.

According to figures from IntoTheBlock, addresses typically linked to institutional capital or high-net-worth individuals saw SHIB inflows jump from under 240 billion tokens to more than 6.4 trillion in a single day.

Then, on May 8, that momentum intensified—netflows surged again, hitting over 6.2 trillion SHIB. The sheer scale of this movement—an over 6,000% leap—suggests whales aren’t just dabbling, they’re diving in.

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These movements come after a stretch of subdued action earlier this month, when large-scale buying was practically absent. Now, the tables have turned.

Analysts who track whale behavior often interpret these kinds of sharp inflow spikes as a sign of accumulation during market dips. In many cases, such purchases are whisked away to cold storage—an indicator that the buyers are playing the long game, not chasing quick profits.

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