The Shiba Inu (SHIB) landscape is witnessing a dramatic decline in the activity of its once-prominent whales. Large holders and traders of SHIB have reportedly scaled back their involvement to levels not witnessed since early December, marking a 77% drop in large transactions within a mere two days. Data sourced from IntoTheBlock reveals that the volume of substantial SHIB transactions plummeted to 1.46 trillion tokens over the last 24 hours, equivalent to $15.83 million. Strikingly, this sharp decline only considers transactions exceeding $100,000 in Shiba Inu tokens, with a meager count of 48 such transactions within the specified time frame.