The price of Shiba Inu (SHIB) experienced a minor drop amid a broader market correction, but data from CryptoQuant shows that whales have been buying large amounts of SHIB tokens. On October 21, whales withdrew 1.2 trillion tokens from centralized exchanges, worth around $21.7 million. This bullish development suggests that there is strong support for SHIB and could lead to a recovery in its price. The current price of SHIB is $0.00001811, down 2.99% in the last 24 hours, but still up 24.96% in the last 30 days, indicating a positive trend and potential for future gains.
- Content Editor ( u.today )
- 2024-10-22
1 Trillion Shiba Inu in 24 Hours: Why Is SHIB Price Still Down?