Shiba Inu (SHIB) Skyrockets 600% In Abnormal Whale Activity
Main Idea
Shiba Inu (SHIB) experienced a 600% surge in whale inflows within 24 hours, indicating significant accumulation by large holders, though the price saw only a modest increase.
Key Points
1. Whale inflows for SHIB jumped from 70.34 billion to 425.54 billion tokens in 24 hours, a 604% increase.
2. The surge in inflows coincided with SHIB attempting to stabilize near the $0.000012 mark after weeks of decline.
3. Despite the large inflows, SHIB's price only rose slightly from $0.000012 to $0.000013.
4. On the four-hour chart, SHIB has established a short-term base, with the next price test potentially at $0.0000135.
Description
600% Shiba Inu (SHIB) inflow spike hints at whale shopping in play
$SHIB
$0.000011927
-4.29%
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