The price and activity surrounding the Shiba Inu cryptocurrency, SHIB, has been stagnant recently. However, a concerning statistic shows that the amount of SHIB tokens held by large investors has dropped by 99.28% in the last week. The reason for this decline is uncertain, but it may be linked to the correlation between the crypto market and traditional finance. With the decrease in trading volume during the holiday season, there has been little movement in SHIB. However, when market activity picks up again, it is expected that the large investors may return, causing volatility.
- Content Editor ( u.today )
- 2024-12-30
Shiba Inu (SHIB) Whales Trigger 99.28% Crash in Major On-Chain Metric