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What the Shiba Inu Large Transaction Volume Says About SHIB Price
In the previous week, Shiba Inu's price has fallen from $0.00001514, battling to rise. After Bitcoin's rise on April 26, SHIB briefly touched $0.00001514 before pulling down to $0.0000132. This fall mirrors Shiba Inu dealers' general hesitancy in the previous week, as Bitcoin, the market leader, approaches $95,000.
Large Transaction Volume Drops To Seven-Day Low
On-chain analytics tool IntoTheBlock reports Shiba Inu's huge transaction volume at its lowest in a week. In IntoTheBlock's Large Transactions amount measure, the number and amount of large transactions each day are shown.
This data measure shows 34 major Shiba Inu transactions in 24 hours, totaling 1.79 trillion SHIB tokens. This book is worth $23.66 million.
Importantly, the last 24 hours' low significant SHIB trades are not isolated. The last week has seen continuously low whale activity. April 25 was the most busy day in the past week, with 109 major transactions totaling 2.93 trillion SHIB tokens, worth $41.41 million. Volume was around $50 million even then. Daily activity has dropped after then, with no day exceeding $50 million.
SHIB Whale Activity: Price Exhaustion or Calm Before Move?
Understanding institutional or whale behavior around a cryptocurrency is helped by large transactions, usually above $100,000. Thus, the present Shiba Inu high transaction volumes indicate that significant holders are less inclined to accumulate or distribute.
To understand the slowdown, compare it to earlier activity spikes. Shiba Inu's massive transaction volume reached 34.42 trillion SHIB tokens, worth $751.22 million, on January 7. This spike contrasts with today's 1.79 trillion SHIB ($23.66 million) activity, showing the huge disparity in market mood and involvement.
The present figures also show that substantial Shiba Inu holders may be delaying major changes until the price trend is apparent.
#shib10 #bone #Shibarium #Web3
What the Shiba Inu Large Transaction Volume Says About SHIB Price
In the previous week, Shiba Inu's price has fallen from $0.00001514, battling to rise. After Bitcoin's rise on April 26, SHIB briefly touched $0.00001514 before pulling down to $0.0000132. This fall mirrors Shiba Inu dealers' general hesitancy in the previous week, as Bitcoin, the market leader, approaches $95,000.
Large Transaction Volume Drops To Seven-Day Low
On-chain analytics tool IntoTheBlock reports Shiba Inu's huge transaction volume at its lowest in a week. In IntoTheBlock's Large Transactions amount measure, the number and amount of large transactions each day are shown.
This data measure shows 34 major Shiba Inu transactions in 24 hours, totaling 1.79 trillion SHIB tokens. This book is worth $23.66 million.
Importantly, the last 24 hours' low significant SHIB trades are not isolated. The last week has seen continuously low whale activity. April 25 was the most busy day in the past week, with 109 major transactions totaling 2.93 trillion SHIB tokens, worth $41.41 million. Volume was around $50 million even then. Daily activity has dropped after then, with no day exceeding $50 million.
SHIB Whale Activity: Price Exhaustion or Calm Before Move?
Understanding institutional or whale behavior around a cryptocurrency is helped by large transactions, usually above $100,000. Thus, the present Shiba Inu high transaction volumes indicate that significant holders are less inclined to accumulate or distribute.
To understand the slowdown, compare it to earlier activity spikes. Shiba Inu's massive transaction volume reached 34.42 trillion SHIB tokens, worth $751.22 million, on January 7. This spike contrasts with today's 1.79 trillion SHIB ($23.66 million) activity, showing the huge disparity in market mood and involvement.
The present figures also show that substantial Shiba Inu holders may be delaying major changes until the price trend is apparent.
#shib10 #bone #Shibarium #Web3
$SHIB
$SHIB The spotlight is back on #ShibaInu as it teeters on the verge of a significant milestone. If the current bullish momentum persists, shibainu could shed a zero from its price, potentially reaching a high of $ 0.0001. This potential surge is fueled by increased interest and trading volume, signaling a favorable bull scenario. Investors are closely watching the charts, hoping for #ShibaInu to ride the wave of #AltcoinSeason# and deliver substantial returns. Will shibainu make history again? Stay tuned to see if this meme coin can reach new heights.
#shib10 #Shibarium
$SHIB The spotlight is back on #ShibaInu as it teeters on the verge of a significant milestone. If the current bullish momentum persists, shibainu could shed a zero from its price, potentially reaching a high of $ 0.0001. This potential surge is fueled by increased interest and trading volume, signaling a favorable bull scenario. Investors are closely watching the charts, hoping for #ShibaInu to ride the wave of #AltcoinSeason# and deliver substantial returns. Will shibainu make history again? Stay tuned to see if this meme coin can reach new heights.
#shib10 #Shibarium
$SHIB
Shiba Inu Poised to Shed a Zero as Historical May Rally Sparks Bullish Momentum
SHIB has climbed 8.92% in the past 30 days, and history says the best may be yet to come! 📈 With May historically delivering an average 62.5% rally, deflationary token burns reactivated, and whales scooping up 510B SHIB in minutes, a breakout could be just around the corner.
Will Shiba Inu repeat its seasonal surge and finally lose a zero from its price? Here's what traders and holders should be watching as momentum builds.
#ShibaInu #SHİB #shib10 #SHIBARMY
Shiba Inu Poised to Shed a Zero as Historical May Rally Sparks Bullish Momentum
SHIB has climbed 8.92% in the past 30 days, and history says the best may be yet to come! 📈 With May historically delivering an average 62.5% rally, deflationary token burns reactivated, and whales scooping up 510B SHIB in minutes, a breakout could be just around the corner.
Will Shiba Inu repeat its seasonal surge and finally lose a zero from its price? Here's what traders and holders should be watching as momentum builds.
#ShibaInu #SHİB #shib10 #SHIBARMY
$SHIB
$shib10
Shiba Inu eyes positive returns in April as $SHIB price inches towards $0.000015
#ShibaInu's on-chain metrics reveal robust adoption, as addresses with balances surge to 1.4 million. #SHIB's returns stand at a solid 14.4% so far in April, poised to snap a three-month bearish trend from earlier this year.
#shib10
$shib10
Shiba Inu eyes positive returns in April as $SHIB price inches towards $0.000015
#ShibaInu's on-chain metrics reveal robust adoption, as addresses with balances surge to 1.4 million. #SHIB's returns stand at a solid 14.4% so far in April, poised to snap a three-month bearish trend from earlier this year.
#shib10
$SHIB Soars 9% After Shibarium DappStore Launch!
$SHIB is back in the spotlight as the new Shibarium DappStore goes live—giving users easy access to verified dApps and boosting dev visibility. The launch follows 1B+ #Shibarium transactions and an 825% SHIB burn rate spike, fueling investor excitement.
With growing utility and a surging ecosystem, #SHIB may be evolving from meme to movement.
#SHIB10
#shib10
$SHIB is back in the spotlight as the new Shibarium DappStore goes live—giving users easy access to verified dApps and boosting dev visibility. The launch follows 1B+ #Shibarium transactions and an 825% SHIB burn rate spike, fueling investor excitement.
With growing utility and a surging ecosystem, #SHIB may be evolving from meme to movement.
#SHIB10
#shib10
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