Home > Information news > Massive Surge in Shiba Inu (SHIB) Whale Trades: 6.18 Trillion Tokens Transferred in Just 24 Hours

Massive Surge in Shiba Inu (SHIB) Whale Trades: 6.18 Trillion Tokens Transferred in Just 24 Hours

Release: 2024/05/04 13:06 Reading: 216

Original author:CO NEWS

Original source:https://coinmarketcap.com/community/articles/663501ac801e0e51b8412789

Massive Surge in Shiba Inu (SHIB) Whale Trades: 6.18 Trillion Tokens Transferred in Just 24 Hours

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Recent data from IntoTheBlock reveals a significant increase in large transactions involving Shiba Inu (SHIB), a popular meme cryptocurrency.
The volume of these transactions has surged by 165% in the past 24 hours, with a total of 241 transactions from major crypto market players, known as whales.
The majority of these transactions represent inflows to whale wallets, indicating a heightened level of market activity and engagement.

Discover how the recent surge in large transactions involving Shiba Inu (SHIB) could impact the crypto market. With a 165% increase in volume, what does this mean for the future of this popular meme cryptocurrency?
Significant Increase in SHIB Transactions
According to data from IntoTheBlock, the volume of large transactions involving Shiba Inu (SHIB) has seen a dramatic increase. Over the past 24 hours, this volume has risen by 165%, from 3.73 trillion SHIB to 6.18 trillion SHIB. In monetary terms, this represents an increase in transaction volume from $82.69 million to $138.2 million. It’s important to note that these figures only account for transactions of a ... Read the full article for FREE at COINOTAG!

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