Shiba Inu Triggers 268% Surge in Whale Activity as Price Jumps

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Shiba Inu Triggers 268% Surge in Whale Activity as Price Jumps
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Increase in key whale measure follows price rebound for Shiba Inu

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The increase in this whale measure follows a price rebound for Shiba Inu, which had been declining in the previous four days. recovers, whales — holders of large amounts of cryptocurrency — have been quick to capitalize on the opportunity, executing sizable transactions and driving up large transaction volume.

As large transaction volume surges, it might be essential to pay attention to large holder netflows, which provide an idea of the change in whale positions. is seeing negative netflows of 309% on a seven-day basis, which suggests that whales might be reducing their positions or selling as uncertainty looms on the broader crypto market.

At the time of writing, SHIB was trading at $0.0000235, marking a 4% increase over the past 24 hours. SHIB is down 12.05% in the last seven days., the Shiba Inu CCG game, has been significantly upgraded, marking the third major update this month. The most recent version, 1.2.7, has significant enhancements aimed at increasing player interaction and strategic depth. The updated social menu now loads and manages friends lists quickly, making it easier than ever for gamers to connect.

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