According to on-chain data, Shiba Inu whale inflows have skyrocketed by 6,306%, reaching a six-month high and sparking speculation about what could be brewing behind the scenes.

IntotheBlock's large holder inflows indicator, which measures funds entering into whale addresses, is up 6,306% this week.

The 6,306% increase is one of the largest short-term inflow jumps in recent memory, suggesting that deep-pocketed investors are suddenly paying close attention to SHIB again. This level of whale inflows has not been seen since early 2025.

Shiba Inu's large holder inflows skyrocketed from 54.97 billion SHIB on June 15 to 15.05 trillion SHIB on June 16, the highest in nearly six months. Shiba Inu last saw whale inflows of 33.59 trillion SHIB on Jan. 7.

What's behind it?

While the reason for the sharp surge in whale inflows remains unknown, several explanations are likely.

Whales may be positioning early in expectation of new developments. The Shiba Inu team has been continuously releasing upgrades, including the growth of the Shibarium layer-2 solution and the introduction of the Shib Alpha layer, a roll-up abstraction stack designed to scale Shibarium while providing ground-breaking privacy capabilities.

The Shib Alpha Layer is transforming the Shiba Inu ecosystem by integrating encrypted smart contracts, ultra-fast transactions and a unified user experience. At the heart of this development is Fully Homomorphic Encryption (FHE), a type of encryption that allows computations to be performed on encrypted data, producing encrypted outputs.

"Today we flip the script," Shiba Inu developer Kaal Dhairya stated in reaction to the SHIB Alpha launch.

At press time, SHIB was down 3.66% in the last 24 hours to $0.00001174 and down 9.89% weekly amid the current market dip.