Large Shiba Inu (SHIB) transactions exceed trillion after epic 287% overnight surge
has been popping behind the scenes lately, with the volume of large transactions nearly tripling over the past 24 hours, according to data from As such, the key metric that reflects whale activity skyrocketed by 287%, with SHIB hitting a major milestone of 1.1 trillion tokens moved over the past day. In dollar terms, this surge represented an increase from $5.3 million to $14.55 million. In total, there were 49 large transactions of at least $100,000 each.
During the period under review, this metric grew from 51.09 billion SHIB to 202.58 billion SHIB - an astounding 396.5% increase. Combining two results and drawing a conclusion, one can say that the Shiba Inu whales accelerated over the past day, which may indicate that they found the current price point for However, this can change as quickly as it started. The key remains to stay solvent longer than the market can be wrong about the price of SHIB.
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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