Shiba Inu (SHIB) Witnesses Unusual $40 Million Transaction Activity for Two Days in Row

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Shiba Inu (SHIB) Witnesses Unusual $40 Million Transaction Activity for Two Days in Row
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Shiba Inu token SHIB has seen unusual spike in large transactions, totaling $40 million for two days straight, driven by these two abnormal factors

An abnormally high volume of large transactions has been seen with the Shiba Inu token, SHIB, for the second day in a row. Thus, according to data from , the volume of transactions of at least $100,000 in size yesterday amounted to just under $40 million in the last 24 hours. The day before, it was even higher at $42.36 million.What the main contributor was to this anomalously high activity is actually known. It is two large transfers of Shiba Inu tokens made at the beginning of the week.

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