Shiba Inu Whale Transactions Rise 60% In One Day, But There’s Bad News

Quick Summary:

Shiba Inu whales have been stepping up their game recently as their volumes have risen exponentially.

However, this has not always been a cause of celebration, especially given the directions that these large investors have been moving in.

Depending on whether the whales are moving their Shiba Inu tokens to exchanges or moving them out of exchanges, it can determine if the price will go up or down.

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Article Details

Author / Journalist: Scott Matherson

Category: Crypto

Markets: Hungary

Topics: Whale news SHIBUSDT Whales SHIBUSD Crypto whales Shib Crypto Shiba Inu news Shiba Inu SHIB news SHIB price Shiba Inu price

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-09-16 @ 07:00:04 (1 days ago)

News Timezone: GMT +8:00

News Source URL: bitcoinist.com

Language: English

Article Length: 429 words

Reading Time: 3 minutes read

Sentences: 32 lines

Sentence Length: 14 words per sentence (average)

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

Copyright Owner: © Bitcoinist

News ID: 22526474

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About Bitcoinist

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Official Website: bitcoinist.com

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Year Established: 2014

Headquarters: Hungary

News Last Updated: 9 hours ago

Coverage Areas: Hungary

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