Whale Alert: 1.3 Trillion Shiba Inu Moved to Exchanges in One Day, Price Reacts

Quick Summary:

Shiba Inu (SHIB) is experiencing a decline today, likely due to a significant sell-off, as a large volume of tokens has been transferred to exchanges in the last 24 hours.

On October 7, market participants, including whales, sent 1.3 trillion SHIB tokens to centralized exchanges, probably for liquidation.

This follows a trend from the previous […]

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Article Details

Author / Journalist: Abdulkarim Abdulwahab

Category: Crypto

Markets: India

Topics: Shiba Inu (SHIB) Top Crypto News News

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-10-08 @ 19:29:00 (10 hours ago)

News Timezone: GMT +0:00

News Source URL: coinedition.com

Language: English

Article Length: 166 words

Reading Time: 1 minutes read

Sentences: 47 lines

Sentence Length: 4 words per sentence (average)

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

Copyright Owner: © Coinedition

News ID: 22959139

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About Coinedition

Main Topics: Crypto

Official Website: coinedition.com

Update Frequency: 26 posts per day

Year Established: 2020

Headquarters: India

News Last Updated: 8 hours ago

Coverage Areas: India

Publication Timezone: GMT +0:00

Content Availability: Worldwide

News Language: English

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Website Security: Secure (HTTPS)

Publisher ID: #124

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