Shiba Inu Sees $120 Million Weekly Surge—Whales Tighten Their Grip
New blockchain information shows that large investors remain in control of the Shiba Inu crypto market, potentially creating both stability and risk for smaller traders. The meme coin has experienced regular trading activity throughout while exhibiting zero price actions over recent days. Related Reading: Today’s $1K XRP Bag May Become Tomorrow’s Jackpot, Crypto Founder Says Major Holders Hodl Most Of SHIB Tokens According to blockchain tracking site IntoTheBlock, around 74% of Shiba Inu’s 95 billion circulating tokens are in whale-like large addresses. The concentration is high and....
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Ethereum whales are no doubt some of the biggest fans of meme coin Shiba Inu but it seems even the whales are starting to feel the heat of the downtrend. This has resulted in the top whales significantly decreasing their holding in the digital asset. Now, these whales still hold a reasonable portion of […]
Ethereum whales have always been bullish on Shiba Inu. It is obvious in their purchase history that these whales with large ETH holdings are vying hard for the success of the meme coin. At various points in the past, they have been some of the biggest pushers of the digital asset, leading it through its […]
Shiba Inu is reeling from a sharp price crash, with on-chain data pointing to massive selling by large holders (whales) as the culprit. Over the past week, SHIB’s market value has dropped significantly alongside the rest of the industry, erasing recent gains and testing key support levels. The exodus of Shiba Inu whales has not […]
Ethereum whales have been known to go on large Shiba Inu buying sprees in the past. These whales have made bank off of the meme coin following its meteoric rise, but they are far from done when it comes to investing in the digital asset. The most recent reports of large buying among whales have […]
Shiba Inu whales’ trading volume skyrocketed by 640% as seen in the coin’s 24-hour trading volume. An increased buying or selling activity among whales has peaked by 61%. Large transactions that spiked to 57.41% were noted in active addresses of SHIB holders as seen in the past 24 hours. SHIB value surged by 3.06% which comes with Shiba Inu reverting to the key support level of 0.00001. Related Reading | Cardano Joins The Red Screen – How ADA Fell To $0.45 Over Last 24 Hours SHIB Trading Volume Down 7.48% As of press time, Shiba Inu is trading at $0.00001044 which has dropped by....