Shiba Inu saw enormous surge of activity, which could be good sign for market
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This is a remarkable upsurge from the low recorded at 102 such transactions on May 26, 2024, now just days away. Perhaps this upsurge in activity points to whales rearranging portfolios, maybe ahead of a volatility surge on the market.that changed hands has also seen this rise in large transactions. With all this activity, SHIB's price remains relatively stable, reflecting that the market is not reacting dramatically to these big movements. The price now stands around $0.
The manner in which investor whales reposition with SHIB indicates the high level of volatility below and the likelihood for price movements, considering that the market appears to have calmed. Major buy-ins and outs by whales usually come before a major market move, so this is something everyone should look out for. Arman strongly believes that cryptocurrencies and the blockchain will be of constant use in the future.
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