Skip to content

Shiba Inu Whale Transactions Plummet Ahead of U.S. Inflation Data Release

Shiba Inu (SHIB) has recorded a substantial decline in large-scale transactions exceeding $100,000, commonly referred to as whale activity.

This reduction coincides with the imminent release of U.S. inflation data, a key economic indicator that historically influences cryptocurrency market volatility.

Market analysts observe that such pullbacks in whale transactions often precede major economic announcements, suggesting cautious behavior among high-volume investors during periods of macroeconomic uncertainty.

Leave a Reply

Your email address will not be published. Required fields are marked *

More Reading