The big players in the Shiba Inu cryptocurrency world are back in action, stirring up a 61.39% surge in large transactions. These big moves, tracked by IntoTheBlock, hint at whales, the heavy hitters, getting busy with their Shiba Inu transactions. Lately, the volume of these hefty transactions, exceeding $100,000, took a dip. On April 19, it dropped to 6.36 trillion SHIB, then sank further to 2.06 trillion SHIB by April 20. Since then, the big transactions have been pretty steady, hovering between two trillion and 3.73 trillion SHIB, until suddenly shooting up on April 24.

The surge in large transactions, from 3.73 trillion SHIB on April 23 to 6.23 trillion SHIB on April 24, brought the total value of these transactions to $162.45 million, the highest in seven days. Interestingly, this uptick in whale activity comes amidst a wider market downturn, with major cryptocurrencies taking hits ranging from 4% to 20%. Shiba Inu felt the sting too, dropping 8.69% in the last 24 hours, hitting $0.00002486, despite a 13% rise in the past week.

The timing of these big moves is quite curious, aligning with the market's overall slump. However, it seems the whales are unfazed and possibly seeing this as a prime opportunity to dive in and accumulate while prices are down. The spike in transaction volume suggests that these big investors are once again taking strategic positions, perhaps forecasting future price movements.

Moreover, the return of these SHIB whales coincides with a period of heightened excitement as Shiba Inu just scored a hefty $12 million in funding, positioning itself as a major player in the crypto scene. With the big fish making a splash again, investors and traders are keeping a keen eye on the market to gauge where Shiba Inu's price might head next.

In conclusion, the resurgence of whale activity in the Shiba Inu market signals renewed interest and potential strategic moves amidst broader market fluctuations.