đ„đđShiba Inu Rocketed by $219 Million Whale Activity as SHIB Price Turns Bullish
According to Intotheblock's data, #ShibaInu (SHIBA) has witnessed a significant increase in on-chain activity, with large transactions increasing by 50%. In the last 24 hours, the volume of such transactions has increased from 4.79 trillion to 7.23 trillion, reflecting the increasing participation of major players in the SHIB Sunday.
This increase represents a significant increase in terms of money, increasing from $ 141.7 million to $ 219.23 million.
The increase in large transactions indicates an increased interest in the Shiba Inu token among high-net-worth individuals, as evidenced by the increase in transactions exceeding Dec. 100,000. The previous day, 539 such transactions were registered, which marked a significant increase compared to the previous day's figure of 418.
There is no resistance for the Shiba Inu
This increase in whale activity coincided with the price of the #SHIB breaking a significant resistance level around $0.00003 per token. After the testing days, the price rose to $ 0.000045 per SHIB. Currently, the price chart shows that the $ 0.00003 level has been retested, which, if maintained, could serve as a support level for the price of the SHIB.