365 Billion Shiba Inu (SHIB) in 24 Hours: Catastrophic Results.
There may be trouble ahead for Shiba Inu that has been a noticeable decline in its large transaction volume. Whales' SHIB transaction volume has fallen below 500 billion SHIB in the last day, according to on-chain data, and is now at 365.69 billion SHIB.
Significant liquidity problems and even a price reversal could result from this decline in the near future. With only 15 transactions recorded, the number of large transactions has also decreased to its seven-day low according to an analysis of the on-chain metrics. Compared with the seven-day high of 75 transactions on July 22, 2024, it is a significant disparity.