Shiba Inu Is Now Biggest USD Position in Whale Wallets: Details

$SHIB overcomes $FTT token to become largest USD-valued position on whale-tier wallets

token. The meme-based cryptocurrency has gained 20% of its value in the last three days in addition to a new wave of buying power incoming from whale-tier addresses.

As data suggests, the most recent large purchase was made by the"Light" whale that grabbed almost 60 billion tokens.In addition to SHIB token becoming the biggest USD-valued holding on whale wallets, its market data indicators have all entered the green zone, showing a presence of potentially bullish sentiment around the token.The trading volume indicator for SHIB is showing a 150% increase compared to the same value 24 hours ago.

Another substantial indicator for tokens like Shiba Inu, Net Flow, is also showing a 135% increase at press time. The metric tracks the flow of Shiba Inu tokens on large addresses. As data suggests, no selling activity is currently trackable on Shiba Inu.

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