【SHIB trading is booming: 9 trillion coins moved, with an amazing increase of 588%! 】🔥
🔥 The cryptocurrency market is so volatile and full of emotions! In just 48 hours, the super-hot SHIB staged a big drama: the price first plummeted by 23%, then soared by 28%, and finally stopped steadily at $0.000011, which is the highest since March 2024! 🚀🚀
This wave of operations has attracted everyone's attention, especially those big players in the cryptocurrency market - whale investors. They can influence prices and determine the direction of the market with just a flick of their fingers. It's amazing! 🐋🐋
When the whales move, the trading volume of SHIB also soars. Looking at the on-chain data, wow, the large transaction volume has increased by 588%, and 9 trillion SHIBs (converted to US dollars is 119.82 million) were traded in 24 hours! 💸💸
According to blockchain analysis platform IntoTheBlock, a transaction worth more than $100,000 in SHIB is considered a "large transaction". Guess what? At that time, there were 185 such transactions! The trading volume of SHIB the day before was only 1.53 trillion, which is a huge difference! 🤯🤯
Let's talk about the current situation of Shiba Inu Coin. When I wrote this Weibo, the price of SHIB was $0.00001388. It is already the 13th largest cryptocurrency by market capitalization, with a market capitalization of $8.18 billion! 💼💼
What's next? Whale activity and price trends are closely linked. Although the recent high activity of whales is a good sign for SHIB, the key question is: can this trend continue? The answer to this question has a huge impact on the future price of memecoin! 🤔🤔
If whale investors can maintain their current enthusiasm, the price of SHIB may rise again. But if the whales' activities decrease, the price may have to adjust itself, and then the uncertainty in the short term will be great. 🌊🌊
The market is rebounding, but the 4-hour level of Bitcoin has not stabilized at 56.6K.
Waiting for stabilization, the target that Sicong has been researching for a long time will also start immediately.
This is a blessing for fans, and it is expected to explode by 40% in the short term.
Follow me and follow the department. 👉See my personal page for marriage