Shiba Inu Whale Activity Plunges 79% In Three Months — What’s Happening?
The meme coin market has seen a remarkable transformation in the past year, large-cap tokens like Dogecoin (DOGE) and Shiba Inu (SHIB) have managed to stay in the forefront. Specifically, the SHIB token has experienced impressive growth, increasing in value by roughly 65% in the past year. However, the current uncertain climate has not spared any large-cap meme token, including Shiba Inu, with deep corrections and sluggish sideways movement plaguing most of the market in the past two months. As large investors now seem to be exiting the market, this dour condition might persist longer than....
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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 […]
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....
Crypto whale transaction tracker Whale Alerts recently revealed an interesting on-chain transaction involving popular meme coins Shiba Inu and Dogecoin alongside the well-known crypto exchange Robinhood. This transaction, which took place within the past 24 hours, involved the movement of 800 million DOGE and 2.7 trillion SHIB tokens, respectively, from the exchange into unknown wallets. […]
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 […]