Shiba Inu Whale Activity Up 41%, New Market Interest?

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Recent data from IntoTheBlock shows a 41.39% increase in Shiba Inu trading volumes, totaling 2.79 trillion SHIB ($76.48 million). This increase comes after a sharp decline in early December, when volumes dropped from 18.85 trillion SHIB to just 1.9 trillion SHIB.

The increased whale activity suggests a possible accumulation or redistribution, which could impact SHIB’s price movement. A recent update from CNF highlighted that 1.67 trillion SHIB were captured, predicting a potential 45% increase. During this development$SHIB