SHIB 4.34 trillion: Here's what's happening in the last 24 hours
Over the past 24 hours, the movement of SHIB tokens totaling SHIB 4.34 trillion represents a significant increase in large transactions in the Shiba Inu ecosystem, causing speculation and anticipation.
Recent data from IntoTheBlock shows an increase in whale activity, with influxes up 215%. On April 19, SHIB saw an influx of SHIB 4.34 trillion from large holders, significantly higher than the SHIB 565.55 billion on April 17. Influx of large holders, courtesy of: IntoTheBlock
Large inflow holders track funds flowing into addresses owned by whales. Shiba Inu also saw an increase in the volume of large transactions (over $100,000), which increased by 58.48%.
At the heart of this surge is an increase in the accumulation of SHIB tokens by large holders, known as whales, who have significantly increased their holdings of the cryptocurrency.