Shiba Inu Whale Accumulates $21.7M in SHIB, Fueling Market Optimism for Further Gains
Author: Content Editor
A major Shiba Inu whale has returned to the market after a month of inactivity by purchasing $21.72 million worth of SHIB tokens. This whale has consistently acquired SHIB tokens since June and now holds a total of $21.72 million in SHIB. As a result, the price of SHIB has increased by 2% in the last 24 hours. Additionally, the coin's burn rate has increased, reducing its circulating supply and potentially increasing its value. Market sentiment towards SHIB is positive, with a target price of $0.000037 and optimism surrounding its future performance. The whale's activity and the favorable market conditions have generated interest and hope for SHIB's growth.