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Shiba Inu Whale Activity Spikes 7,140%, 799B SHIB Transferred Amid $0.00002 Price Test

  • Investors procured 1.21 trillion SHIB tokens worth $26.6 million and sold 413 billion tokens valued at $9.1 million.
  • Large SHIB holders have continued to accumulate, indicating confidence in the asset's long-term prospects.
  • On-chain data reveals a surge in activity among large SHIB holders, with a net inflow of 799.32 billion SHIB, marking a 7,140% increase from the previous day's net inflow.
  • Shiba Inu's exchange reserves have steadily declined since early December, indicating reduced selling pressure.

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