Shiba Inu Sees Sharp 100% Decline In Whale Activity, Is This Good Or Bad For ...
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....
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Popular doggy-themed meme coin, Shiba Inu, has experienced a major crash in whale net flows, signaling a shift in sentiment among large-scale investors. This sharp decline could have significant repercussions for the meme coin’s price, especially as Shiba Inu has been under severe downward pressure in the last few months. Shiba Inu Whale Net Flows […]
Crypto whales are beginning to make moves in meme coins such as Dogecoin and Shiba Inu once again as the market retraces from its weekend surge. As a result of this, Dogecoin and Shiba Inu saw a notable spikes in their large whale transactions between Sunday and Monday, with the latter seeing a particularly large […]
Shiba Inu (SHIB) has recently attracted considerable attention in the crypto market, thanks to a sudden surge in whale movements over the past weekend. Crypto whales, a term used to describe individuals or entities that hold large amounts of cryptocurrencies, have notably contributed to a significant upsurge in SHIB tokens within their wallets. According to […]
Meme coin Shiba Inu has held up better than expected, but the digital asset is still down considerably from its all-time high. However, this has not stopped the development that has been going on behind the scenes, and now SHIB developers have begun to share the products that they have been working on. These, and others, have shown a promising future for the digital asset, but some show some possible upside for SHIB this week. A Game, A Whale, And A Burn The past week has been an interesting one for Shiba Inu. First, lead Shiba Inu developers announced that the SHIB Eternity game was....
Shiba Inu, a cryptocurrency that is a spin-off of dog-themed crypto Dogecoin, is counting on massive token burning rates to stop its decline. Over the last 24 hours, over 45 million SHIB Tokens were burned During the same time frame, Shiba Inu failed to increase its trading price Analysts think the asset might “die” by the end of 2023 But despite the destruction of around 410 trillion of its supply since its introduction to the crypto space, SHIB failed to make any kind of rally as it continues to paint its charts in crimson. Over the last 24 hours, there were over 45 million Shiba Inu....