100 Billion Shiba Inu (SHIB) Sent for Sale: Why Are Whales Selling?

South Africa News News

100 Billion Shiba Inu (SHIB) Sent for Sale: Why Are Whales Selling?
South Africa Latest News,South Africa Headlines
  • 📰 Utoday_en
  • ⏱ Reading Time:
  • 22 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 63%

Shiba Inu seeing surge of whale transactions, but they apparently selling

Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions.

Regarding the future of the asset, large transactions volume has shown a noticeable decrease, pointing to a dip in whale activity after the recent sales. If the sell-off does not trigger broader panic, the market may absorb the impact without a drastic price change. Investors and traders will closely monitor SHIB to see if the token can maintain its support levels or if it succumbs to further selling pressure.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

Utoday_en /  🏆 295. in US

South Africa Latest News, South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

100 Trillion SHIB: Shiba Inu Bulls Face Daunting Task on Price Saving Mission100 Trillion SHIB: Shiba Inu Bulls Face Daunting Task on Price Saving MissionBulls currently focusing on this key level, which could act as springboard for SHIB price recovery
Read more »

Shiba Inu Burns Almost 100 Million Tokens, Price Spikes by 300%Shiba Inu Burns Almost 100 Million Tokens, Price Spikes by 300%Shiba Inu, the second-largest meme coin, has experienced a substantial burn rate, resulting in almost 100 million tokens being removed from circulation. The price of Shiba Inu has also increased by over 300% in the past 24 hours.
Read more »

Shiba Inu (SHIB) Loses Steam as Whale Offloads 500 Billion TokensShiba Inu (SHIB) Loses Steam as Whale Offloads 500 Billion TokensShiba Inu experiences significant downturn in investor confidence
Read more »

765 Billion Shiba Inu (SHIB) Tokens in 24 Hours: What's Happening?765 Billion Shiba Inu (SHIB) Tokens in 24 Hours: What's Happening?Shiba Inu sees surge of activity as asset nears key point on chart
Read more »

692.4 Billion Shiba Inu (SHIB) Leave Major Exchange, But Destination Is Unknown692.4 Billion Shiba Inu (SHIB) Leave Major Exchange, But Destination Is Unknown692.4 billion Shiba Inu (SHIB) tokens, worth $19.26 million, vanish from Crypto Com's hot wallet, while SHIB token's price teases epic breakout
Read more »

Dogecoin, Shiba Inu-Led Meme Economy Hits $56 Billion as Cycle PeaksDogecoin, Shiba Inu-Led Meme Economy Hits $56 Billion as Cycle PeaksTotal market capitalization for meme coins surpasses $56 billion
Read more »



Render Time: 2025-02-25 17:31:57