Shiba Inu whales returned to the actionInitiating huge transactions worth millions of dollars. Recently, the data on the chain revealed that the Shiba Inu whales touched the stunning 15.1 trillion tokens shib in one day. This Significant shaft transfer He comes among the market disaster to recent minima. Along with the increased whale activity, the question arises whether these investors are preparing for a enormous scale for a potential Shib price escalate.
Shiba inu whales make enormous movements from 15 trillions of glass
Intotheblock’s data reveals it SHIB handles on a enormous scaleCommonly referred to as Shiba Inu whales, they made another massive transaction. Over the past 24 hours, Shiba Inu whales have moved the stunning 15.1 trillion Shiba tokens worth around $ 253.05 million.
This enormous shaft transaction drew attention to the market like Whale movements They often affect market moods and price trajectories. On February 2, Shiba Inu whales moved a huge $ 4.3 trillion tokens worth USD 66.22 million. This transaction meant a significant escalate of over 2.8 trillion Shiba compared to their previous 1.5 trillion Shiba transaction on February 1.
However, it looks like Shiba inu whale activity It intensified even more. These enormous -scale owners have made a recent 15.1 trillion transfer shib, which is an amazing escalate of 10.8 trillion from the transfer of 4.3 trillion.
Interestingly, this escalate in whale transactions comes when the market has a significant failure. After the President of the United States (USA) Donald Trump’s trade war With China, Mexico and Canada, Cryptocurrency market. Enormous players, such as Bitcoin and Ethereum, have crashed significantly, and BTC trads below 100,000 USD, and ETH has fallen below USD 3000.
Shiba Inu was also among cryptocurrencies affected by market variability. Coinmarketcap data reveals that Shib has experienced a 20% disaster During the week, leading your price to recent minima. While the meme coin has regained tiny profits of around 6.4% in the last 24 hours Continuous Bear’s pressure.
Among the fall of Intotheblock informs about it Enormous inflow of the handle Over the past seven days, they have increased rapidly by 553.59%. On February 2, SHIB owners have gathered 1.27 trillion Shib. But their Purchase of action has increased Dramatically the next day, with whales buying impressive 6.51 BRN Shib.
Despite the significant escalate in the whaler’s influx, ITB data show an unusual escalate in outflows. Whale output Over the past seven days, it has increased by 1 290%, from 967.25 billion shafts sent on February 2. This trend lasted the next day, when the whales moved the amazing 6.5 trillion of the glass.
Are Shiba whales preparing for a price rally?
While enormous -scale transactions often affect market trends, it is still not certain whether the recent escalate in Shiba whale movements signals upcoming price rally. Based on Coinmarketcap, Shiba Inu data, it seems to show signs of slight recovery from the last inheritance inheritance, probably caused by the escalate in whale transfers.
However, despite this reflection, the price of Shiba Inu remains well below the price of 2024 of over 0.00002 USD. From writing, the meme coin is USD 0.000015, which indicates A significant decrease in value Due to the bears of market trends and changes in investor moods. In addition, the MEME COIN trading volume has dropped by 38.7% in the last 24 hours, settling at USD 874.2 million.
A distinguished picture from Unsplash, tradingview.com chart
