Shiba Inu’s Large Holders Accumulated $100M During Past Week: Data
On-chain data shows the large Shiba Inu holders have accumulated a combined $100 million in SHIB during the past week. Large Shiba Inu Investors Have Been Participating In Accumulation Recently According to data from the market intelligence platform IntoTheBlock, the large SHIB holders have gone on a buying spree the past week. The “large holders” […]
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On-chain data shows that Shiba Inu (SHIB) has witnessed a massive decline in whale activity. This is significant for the meme coin’s ecosystem, considering the impact these investors usually have on Shiba Inu’s price. Shiba Inu’s Whale Activity Declines By Over 100% Data from the market intelligence platform IntoTheBlock shows that Shiba Inu’s whale activity has declined by over 100% in the last seven days. This is based on the large holders’ netflow metric, which indicates when these whales are adding to their positions or offloading their tokens. Related Reading: Bitcoin Closes....
Shiba Inu’s large transaction volume has spiked massively in four days, providing a bullish outlook for the second-largest meme coin by market cap. This development indicates that SHIB whales are back, which is a positive for the Shiba Inu price. Shiba Inu Large Transaction Volumes Spike Over 150% In Four Days IntoTheBlock data shows that […]
Shiba Inu’s Shibarium has suffered a heartbreaking decline in activity, dropping to new lows not seen in a long while. Reports reveal that the Layer 2 network has seen its daily transaction count plummet by over 96%, signaling a slowdown in user engagement and network usage. Shiba Inu’s Shibarium Activity Crashes 98% Shibarium, a prominent […]
Are Shiba Inu (SHIB) investors looking for the next big thing? The rise of a new gambling token, Mpeppe (MPEPE), priced at $0.00107, is drawing significant attention from the crypto community. With the potential for explosive growth, many Shiba Inu (SHIB) holders are shifting their focus to this promising new asset. Shiba Inu’s NVT Ratio: A Warning Sign? The Shiba Inu (SHIB) network value to transactions (NVT) ratio has seen a drastic increase, indicating a possible price correction. According to data from Glassnode, SHIB’s NVT ratio is currently outpacing the meme coin’s price,....
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 […]