The post Shiba Inu Whale Activity Sees 148% Surge In Large Transaction Volume, Price Dips appeared first on Coinpedia Fintech News
Shiba Inu has seen a 148% surge in large transaction volume in the last 24 hours. Large transactions greater than $100,000, often indicators of whale activity, signal significant buying or selling pressure. Large transaction volume for Shiba Inu came to $300.98 million, or 11.61 trillion SHIB, in the last 24 hours. The recent spike in such transactions spotlights the increased interest from large holders. However, the broader impact on SHIB’s price has been muted, as selling pressure seems to be dominating the market. SHIB is currently trading at $0.00002459, down over 10% in the last 24 hours.