▶️ Shiba Inu (SHIB) chain activity increased by 514%, driven by whales
In what is sure to be a significant development for memecoin, Shiba Inu (SHIB) has seen its on-chain activity increase by 514% in the last 24 hours. Furthermore, data from IntoTheBlock shows that this increase was due to a massive influx of whale transactions.
Specifically, the data shows that the volume of these large transactions has increased from over 544 billion to nearly 3 trillion SHIB tokens.
