CandleFocus 2.75 Trillion SHIB in Hours, What's Going On?
2024-12-20
Author: Content Editor
Shiba Inu (SHIB) has experienced a significant number of large holder outflows, with 2.75 trillion SHIB recorded in the past day. This is part of a larger trend, with the total large transaction volume for SHIB reaching 6.37 trillion SHIB in the past 24 hours. The outflows coincide with a broader sell-off in the crypto market, and the prevailing bearish sentiment suggests that some whales may be cashing out. On the positive side, Shiba Inu has partnered with Chainlink, allowing its tokens to adopt the CCT standard and utilizing Chainlink's technology for cross-chain infrastructure and market data.
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