The number of outflows from the wallets of Shiba Inu (SHIB) whales surged by 673% in the last 24 hours, reaching 6.51 trillion SHIB. This massive movement, accompanied by a similar influx, suggests strong market sentiment. While the net outflow was slight, the increase in outflow volume raises questions about the future direction of SHIB's price. Currently, the token is trading within a tight range, with the outcome of the battle between buyers and sellers determining its next move.
. Thus, as became known thanks to data from IntoTheBlock, the number of outflows from the wallets of meme cryptocurrency whales in the last 24 hours totaled 6.51 trillion SHIB .Considering that the day before, this figure was 967.25 billion SHIB , we can say that the increase is worth 673% in the course of just one day. What is even more amazing is that the number of inflows to these addresses amounted to the same amount of about 6.51 trillion SHIB .
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Gamza graduated with a degree in finance and credit with a specialization in securities and financial derivatives. He then also completed a master's program in banking and asset management. He wants to have a hand in covering economic and fintech topics, as well as educate more people about cryptocurrencies and blockchain.
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