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Shiba Inu Whale Transactions Skyrocket 165% to 6.18 Trillion SHIB in 24 Hours

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Shiba Inu (SHIB) skyrockets 165% in key on-chain metric as whales take charge

In monetary terms, this change was reflected in an increase in transaction volume from $82.69 million to $138.2 million. In total, there were 241 such transactions of whales, as the major players in the crypto market are called, over the past day. It is important that only those transactions whose size amounted to at least $100,000 are taken into account.Thus, the amount of inflows to wallets that hold at least 0.1% of the circulating supply of SHIB amounted to 2.44 trillion.

Gamza graduated with a degree in finance and credit with a specialization in securities and financial derivatives. He then also completed a master's program in banking and asset management. He wants to have a hand in covering economic and fintech topics, as well as educate more people about cryptocurrencies and blockchain.

 

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