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After hitting a low of $0. , SHIB embarked on a remarkable recovery journey, driven by strategic whale maneuvers. In a bold move, a notable whale address seized the opportunity Shiba Inu price eyes a breakout from a 4-year consolidation range after 6% gains in 24 hours and 530 The rally follows a 530 trillion token accumulation by SHIB In the last 24 hours, whales have offloaded huge SHIB tokens, pushing the asset further into the red zone. Crypto analytics firm Lookonchain flagged a huge sale activity. The cryptocurrency industry had quite the weekend. However, all the assets seem to be recovering. Shiba Inu [SHIB] jumped in on this trend after crashing to a low of Shiba Inu (SHIB) whale activity spiked dramatically in the last 24 hours, with 2.83 trillion tokens flowing out. The shift in behavior highlights growing caution among major Amid the cryptocurrency market downturn, and despite the 29% plunge in its value over the past week, Shiba Inu has witnessed an unprecedented surge in investor

Shiba Inu Whales Amass Over 223 Billion Tokens Amidst Price Drop: Is a Rebound Imminent?

Amidst the cryptocurrency market downturn, and despite the 29% plunge in its value over the past week, Shiba Inu has witnessed an unprecedented surge in investor interest, particularly from large holders. These so-called "whales" appear to be taking advantage of the price dip to increase their holdings.

After hitting a low of $0. , SHIB embarked on a remarkable recovery journey, driven by strategic whale maneuvers. A notable example is a whale address seized the opportunity. This strategic accumulation is sparking speculation about a potential price surge in the near future.

Shiba Inu Price Eyes Breakout Amid Whale Activity

Shiba Inu price eyes a breakout from a 4-year consolidation range after 6% gains in 24 hours. This potential breakout coincides with significant whale activity, suggesting a possible correlation between the two. The rally follows a 530 trillion token accumulation by SHIB. This significant accumulation fueled initial optimism for a quick recovery.

Lookonchain Flags Recent Whale Sale Activity

While some whales are accumulating, others appear to be taking profits. In the last 24 hours, whales have offloaded huge SHIB tokens, pushing the asset further into the red zone. Crypto analytics firm Lookonchain flagged a huge sale activity, highlighting the complexities of the current market.

Caution Among Major Holders? Shiba Inu (SHIB) Whale Activity Spikes

Shiba Inu (SHIB) whale activity spiked dramatically in the last 24 hours, with 2.83 trillion tokens flowing out. The shift in behavior highlights growing caution among major holders. The cryptocurrency industry had quite the weekend. However, all the assets seem to be recovering. Shiba Inu [SHIB] jumped in on this trend after crashing to a low of . Whether this selling pressure will outweigh the accumulating whales remains to be seen.

Despite the volatility, the fact that whales continue to engage with Shiba Inu, either by buying or selling, indicates that the meme coin remains a significant player in the crypto space. Keep an eye on future whale movements to gauge the potential direction of SHIB\'s price.

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