As reported by Cryptonewsland, Shiba Inu (SHIB) has seen a surge in whale activity, reaching a six-month high, with over 406 transfers exceeding $100,000 in a 24-hour period. Exchanges absorbed 1.06 trillion SHIB tokens, signaling shifting supply dynamics. The price remains stable near key support, showing strong demand despite short-term fluctuations. Whale movements and exchange inflows suggest potential for increased volatility in the coming days.
Shiba Inu Whale Activity Hits 6-Month High Amid Exchange Inflows
CryptonewslandShare
Summary
Shiba Inu whale movement spiked to a six-month high, with 406 large transfers over $100,000 in 24 hours. Network activity surged as exchanges took in 1.06 trillion SHIB. Price held near key support, showing steady demand. Whale movement and inflows hint at possible volatility ahead.
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