Surge in Shiba Inu (SHIB) Whale Activity Suggests Potential Long-Term Strategies Amid Price Fluctuations
Main Idea
Shiba Inu (SHIB) has experienced a 218% surge in whale activity over two days, but its price has not followed the same trend, dropping slightly during the same period.
Key Points
1. Whale transactions for SHIB increased from $17.43 million to $38.09 million in 48 hours, indicating heightened interest among large holders.
2. Despite the surge in whale activity, SHIB's price fell from $0.000014 to around $0.000013, showing a disconnect between transaction volume and price movement.
3. The price action suggests potential volatility in the near future, as increased whale activity does not always correlate with immediate price appreciation.
Description
Shiba Inu (SHIB) has seen a 218% surge in whale activity over two days, indicating potential long-term strategies despite a price decline. Whale transactions increased from $17.43 million to $38.09
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