CandleFocus

Shiba Inu Rockets 115% in Whale Activity Amid Major SHIB Price Breakout

The Shiba Inu (SHIB) cryptocurrency has experienced increased whale activity, with 1.3 trillion SHIB being transferred in large transactions of at least $100,000 in the past day, a 115% increase from the previous day. This was accompanied by a $10.15 million increase in the volume of large transactions. The price of SHIB has also risen by 5.62% in the past 24 hours, reaching its highest price in a month. It has broken through a dynamic resistance level that had been a barrier for the past six months. The focus now shifts to how SHIB will perform around the $0.000016 level, with $0.0000183 being the next major target if successfully breached.

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