Over the weekend, the popular meme-inspired cryptocurrency Shiba Inu (SHIB) saw an increase in major holders increasing their holdings by more than 1 trillion over the past 24 hours. This resulted in an 84.4% increase in net inflows to wallets holding at least 0.1% of the circulating volume. In terms of price, the Shiba Inu token experienced growth of 19.2%, reaching a local top at $0.0000317 and turning a previous resistance level into support. It remains to be seen whether this convergence of price growth and increased whale buying will continue in the coming week.
- Content Editor ( u.today )
- 2024-12-01
1 Trillion SHIB in 24 Hours: Whale Activity Signals Massive Rally