Shiba Inu Price Reversal Threatened As Large Transactions Suffer 61% Crash, Here Are The Numbers

Quick Summary:

Meme coin Shiba Inu is facing renewed downward pressure, with its price reflecting a decline in both the 24-hour and seven-day timeframes.

Furthermore, on-chain data reveals a similar trend of a significant drop in large transactions, raising concerns about waning whale activity.

Therefore, the recent decrease in large transaction activity implies that investors are either taking profits or remaining cautious.

---

More Pictures

---

Read Quick SummarySave Time

or

Article Details

Author / Journalist: Scott Matherson

Category: Crypto

Markets: Hungary

Topics: IntoTheBlock Altcoin News Shiba Inu news Meme coin Shiba Inu price Shib SHIB price SHIB news Shiba Inu SHIBUSDT SHIBUSD

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-01-29 @ 22:30:39 (1 days ago)

News Timezone: GMT +8:00

News Source URL: bitcoinist.com

Language: English

Article Length: 463 words

Reading Time: 3 minutes read

Sentences: 34 lines

Sentence Length: 14 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Bitcoinist

News ID: 25613264

View Article Analysis

About Bitcoinist

Main Topics: Crypto

Official Website: bitcoinist.com

Update Frequency: 14 posts per day

Year Established: 2014

Headquarters: Hungary

News Last Updated: 8 hours ago

Coverage Areas: Hungary

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #105

Publisher Details

Frequently Asked Questions