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Shiba Inu to surge? Whales scoop up 1.67T SHIB – Could a 45% hike be next?

AMBCrypto LogoAMBCrypto14h ago

Shiba Inu to surge? Whales scoop up 1.67T SHIB – Could a 45% hike be next? - AMBCrypto

Quick Summary:

Crypto whales acquired 1.67 trillion SHIB tokens from the exchanges in the past 24 hours.

Additionally, the expert highlighted a significant spike in exchange outflows observed on 7th November, which led to a massive 62% surge in SHIB’s price.

According to the on-chain analytics firm Coinglass, SHIB’s open interest (OI) has been increasing aggressively, indicating heightened trader participation following the breakout.

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Shiba Inu to surge? Whales scoop up 1.67T SHIB – Could a 45% hike be next? - AMBCrypto (Picture 1)Shiba Inu to surge? Whales scoop up 1.67T SHIB – Could a 45% hike be next? - AMBCrypto (Picture 2)

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Article Details

Author / Journalist: Chanakya

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-22 @ 08:00:05 (14 hours ago)

News Timezone: GMT +8:00

News Source URL: ambcrypto.com

Language: English

Article Length: 552 words

Reading Time: 4 minutes read

Sentences: 25 lines

Sentence Length: 23 words per sentence (average)

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

Copyright Owner: © AMBCrypto

News ID: 23760494

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About AMBCrypto

AMBCrypto Logo

Main Topics: Crypto

Official Website: ambcrypto.com

Update Frequency: 22 posts per day

Year Established: 2018

Headquarters: United States

News Last Updated: 8 hours ago

Coverage Areas: United States

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: #103

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The outlet is headquartered in United States and publishes an average of 22 news stories per day.

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  • URL: https://beamstart.com/news/shiba-inu-to-surge-whales-17322628861744

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