Intriguing trend spotted as Shiba Inu whales push key metric to four digits
Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions.
A spike in this metric can be interpreted as accumulation, while a decrease may suggest selling or reduced positions. In the case of Shiba Inu, the 1,058% rise might suggest robust buying activity, as whales appear to be accumulating SHIB. Several factors could be contributing to this epic move by SHIB whales. The recent price dip in SHIB might have presented a buy window for whales, allowing them to acquire substantial amounts of SHIB at a discount.At the time of writing, SHIB was down 2.03% in the last 24 hours to $0.00002683. The price of SHIB remains down 14% weekly as investors book profits. As the SHIB price aims for a fresh move after days of selling, the next price range for the bulls to target would be the $0.
United Kingdom Latest News, United Kingdom Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
SHIB Lead Breaks Silence on Shiba Inu New Mega Deal: DetailsShiba Inu lead Shytoshi Kusama speaks as last piece in collection of Shiba Inu technologies unfolds
Read more »
Shiba Inu (SHIB) Large Transactions up 220% Amid Fight for BalanceShiba Inu (SHIB) core metrics go green, large transaction volume soars
Read more »
Shiba Inu Burn Rate Soars 15,608% as SHIB Team Torches SHIB, BONE, LEASHShiba Inu's epic week adds first-ever LEASH burn, massive SHIB and BONE burns
Read more »
Shiba Inu (SHIB) Rebound Attempt Just Suffered Another BlowShiba Inu eyes rebound, but broader market trend is still defining pace
Read more »
Shiba Inu (SHIB) Saw 4 Trillion Whale Transactions Plummeting: What's Happening?Shiba Inu losing support of whales, and it is not what you would like to see right now
Read more »
Shiba Inu (SHIB) Skyrockets 436% in Key On-Chain Whale MetricMajor Shiba Inu holder records 436% on-chain increase amid SHIB price perturbations
Read more »