Shiba Inu (SHIB) Whale Activity Jumps 987%; Here's What Was Moved

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Shiba Inu (SHIB) Whale Activity Jumps 987%; Here's What Was Moved
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Shiba Inu (SHIB) whales awaken with 987% surge

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According to IntoTheBlock daily data, $70.73 million accounted for large transaction volumes in the last 24 hours. A relevant indicator, large transaction volume, provides an estimate of the total amount transacted by whales on a particular day., either buying or selling. A total of 10.23 trillion SHIB was shifted in the last 24 hours, which coincidentally is the highest moved in the last seven days.Contributing to the spike in large transactions was a massive shift of 4,554,030,677,374 SHIB tokens worth $31,520,723 on Oct. 20.Shiba Inu observed a massive increase in transaction volume, rising from 2.

Transaction volumes can be used to identify reversals and breakouts. A spike in this statistic could indicate both panic selling by holders and major investors buying despite the uncertainty.SHIB was up slightly in the last 24 hours to $0.00000697 at the time of writing. The crypto coin is up 0.07% for the week as bulls try to hold on to their gains after a two-day upward run.recovered on Oct. 19 after hitting lows of $0.

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