Large Shiba Inu (SHIB) Transactions Stay High, but Here's Major Catch

Big SHIB transactions remain at high rate, but reason behind it is worrying shibainu shib shibarmy shibarium shibaeternity shibburn $shib

To shed more light on the data, let's examine the flow of SHIB tokens in and out of major holders' wallets. During the analyzed period, outflows from wallets holding at least 1% of the total token supply surged by 930 billion SHIB, totaling 1.41 trillion coins.

The following day, although the value dipped slightly, it still accounted for nearly half a trillion tokens.Conversely, inflows into these wallets were comparatively minimal. On Friday, the recorded value stood at 1.19 trillion SHIB, dwindling to 607.59 billion tokens on Saturday. This stark difference in the flow of SHIB tokens between major holders emphasizes a crucial aspect of the ongoing activity.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

Utoday_en /  🏆 295. in US

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Weekly SHIB Burn Rate 76% Down Despite Great Shibarium News.Shibburn Hundreds of millions of $SHIB burned this week Shibarium ShytoshiKusama
Read more »

Shiba Inu (SHIB) Whales on Move as Transaction Volume Spikes 361%Shiba Inu (SHIB) whale swaps up 361%, is price poised for huge move? SHIB $SHIB ShibArmy SHIBCommunity
Read more »

Investors Turn to SHIB Ahead of Shibarium Launch in AugustShiba Inu cryptocurrency ecosystem, underpinned by its native token SHIB, attracting increased attention from investors
Read more »

Shiba Inu Roars Back: Santiment Spots Revival$SHIB not giving up as on-chain and market data suggests high recovery potential
Read more »

Bone ShibaSwap Enters Top 100 After 50% Weekly Surge, BTC Stalls at $30K: Weekend WatchA few tokens of the Shiba Inu ecosystem have jumped impressively in the past 24 hours.
Read more »

‘Insidious: The Red Door’ Racks Up $5M In Thursday Previews, Very Close To ‘Indy’ – Box OfficeSony/Stage 6 Films/Blumhouse’s fifthquel Insidious: The Red Door nearly locked out Indiana Jones and the Dial of Destiny yesterday at the box office. The Patrick Wilson starring and directed …
Read more »