Floki (FLOKI), a cryptocurrency inspired by the popular Shiba Inu meme, has recently experienced a significant increase in trading activity. According to data reported by AMBCrypto, the volume of large transactions—defined as trades valued between $100,000 and $1 million—has surged by over 1700%. This spike in whale activity suggests heightened interest from major investors or institutions. Additionally, Open Interest, which measures the total number of outstanding derivative contracts, rose by 30.73%, indicating increased speculative participation in FLOKI futures markets. The price of FLOKI broke through previous short squeeze zones and targeted the $0.00011583 level, a potential resistance point. However, technical analysis reveals that the Relative Strength Index (RSI) is signaling overbought conditions, which could precede a price correction. While the surge in large transactions and open interest points to strong market momentum, analysts caution that such rapid increases may be driven more by speculative hype than by fundamental demand. The sustainability of FLOKI’s rally remains uncertain, and investors are advised to monitor technical indicators and market sentiment closely. The situation reflects broader trends in the cryptocurrency market, where meme coins often experience volatile price swings driven by social media attention and speculative trading.