Shiba Inu whales surge 258%, sparking market frenzy🔥🔥🔥

Click on the avatar to live stream, don't miss the bull market

SHIB whale trading volume surges

IntoTheBlock data shows that Shiba Inu (SHIB) whale trading volume increased by 258% within 24 hours, with large transactions totaling 6.42 trillion SHIB (175 million USD).

Despite the significant increase in trading volume, the SHIB price only rose by 0.27% to $0.000027, indicating that the market may be in a consolidation phase.

What does the whale activity signify?

Increased whale activity may mean that large holders are preparing for market fluctuations or accumulating SHIB. If the SHIB price rises, it may indicate that large holders are optimistic about its long-term potential.

SHIB needs to break the resistance level of $0.00003 to initiate a new round of upward trend; if the price falls, attention may turn to the support level of $0.000025.

Click on the avatar to watch the live stream and join the discussion.