Shiba Inu

<p><em><strong>Shiba Inu (SHIB) has witnessed a significant rise in whale activity, as reported by the on-chain data platform IntoTheBlock. This surge in activity coincides with several bullish signals, amplifying excitement surrounding the dog-themed altcoin.</strong></em></p><h2 id="header-0">Cryptos Headlines Token Airdrop Is Live, Claim $50 Worth Of 5000 CHT Token Free On <a href="https://cryptosheadlinestoken.com/index.php/tokenomics/" rel="noopener noreferrer nofollow">CryptosHeadlinesToken.com</a></h2><p><img src="https://i0.wp.com/cryptosheadlines.com/wp-content/uploads/2024/02/Screenshot_5.png?fit&#61;1276%2C681&amp;ssl&#61;1" /></p><p>In the last 24 hours, large transactions involving Shiba Inu (SHIB) surged by 454.16%, totaling $112.96 million. This spike in whale activity suggests a substantial movement of funds within the <a href="https://cryptosheadlines.com/upcoming-releases-in-shiba-inu-ecosystem/" rel="noopener noreferrer nofollow">Shiba Inu ecosystem</a>, with 34 transactions exceeding $100,000 each confirming the trend.</p><h3 id="shiba-inu-shib-whale-activity-surges">Shiba Inu (SHIB) Whale Activity Surges</h3><p>The volume of <a href="https://cryptosheadlines.com/bone-shiba-inus-token-surges-370-in-large-transactions/" rel="noopener noreferrer nofollow">large transactions in the Shiba Inu</a> (SHIB) cryptocurrency experienced a significant increase, rising from 2.18 trillion SHIB on February 21st to 11.77 trillion SHIB on February 22nd. This <a href="https://cryptosheadlines.com/bitcoin-and-ether-continue-downward-slide-for-fourth-day-altcoin-trading-volume-surges/" rel="noopener noreferrer nofollow">surge marked the highest volume</a> recorded in the past seven days. Additionally, the number of daily active wallet addresses on the Shiba Inu network rose by 25.33% to 3,710, signaling a notable uptick in overall network activity. Such a spike in large transaction volume indicates heightened involvement of whales within the SHIB ecosystem, potentially reflecting substantial buying or selling pressure.</p><p>Despite the <a href="https://cryptosheadlines.com/shib-whale-transactions-surge-197-in-24-hours/" rel="noopener noreferrer nofollow">surge in whale transaction</a> activity, Shiba Inu bulls have faced challenges in pushing the price of SHIB above $0.00001. The last attempt to breach this level occurred on February 20th at $0.00000996, but the <a href="https://cryptosheadlines.com/luna-price-rally-can-terra-classic-bulls-sustain-momentum-post-upgrade/" rel="noopener noreferrer nofollow">momentum could not be sustained</a>, resulting in a sharp decline thereafter. Since then, SHIB has remained range-bound, showing limited strength in price movements. As of the time of writing, <a href="https://cryptosheadlines.com/shiba-inu-burn-rate-surges-by-1100-amidst-sharp-decline-in-shib-price/" rel="noopener noreferrer nofollow">SHIB’s price has declined</a> by 2.14% in the last 24 hours, trading at $0.0000094.</p><h3 id="shiba-inu-shib-investors-long-term-view">Shiba Inu (SHIB) Investors’ Long-Term View</h3><p>Despite recent fluctuations in Shiba Inu’s (SHIB) price, data suggests a growing trend towards long-term investment among SHIB holders. The Holding Time of Traded Coins indicator, reflecting the average duration <a href="https://cryptosheadlines.com/shibarium-launch-countdown-major-exchange-teases-shib-token-listing/" rel="noopener noreferrer nofollow">SHIB tokens</a> are held before being traded or sold, has surged by 652.17% over the past seven days.</p><p><a href="https://cryptosheadlines.com/worldcoin-wld-jumps-20-as-large-investor-earns-2-million-profit/" rel="noopener noreferrer nofollow">Also Read:   Worldcoin (WLD) Jumps 20% as Large Investor Earns $2 Million Profit</a></p><p>This significant increase in the indicator underscores a shift towards a long-term outlook among <a href="https://cryptosheadlines.com/doge-and-shib-investors-seek-new-opportunities/" rel="noopener noreferrer nofollow">investors in SHIB</a>. The rise in the average <a href="https://cryptosheadlines.com/top-4-tokens-to-hold-in-2024-shib-retik-bonk-pepe/" rel="noopener noreferrer nofollow">holding time of SHIB tokens</a> purchased indicates heightened expectations for the altcoin’s performance over an extended period.</p><h2 id="header-1">Cryptos Headlines Token Airdrop Is Live, Claim $50 Worth Of 5000 CHT Token Free On <a href="https://cryptosheadlinestoken.com/index.php/tokenomics/" rel="noopener noreferrer nofollow">CryptosHeadlinesToken.com</a></h2><p><img src="https://i0.wp.com/cryptosheadlines.com/wp-content/uploads/2024/02/Screenshot_5.png?fit&#61;1276%2C681&amp;ssl&#61;1" /></p><p><em><strong>Important:</strong> Please note that this article is only meant to provide information and should not be taken as legal, tax, investment, financial, or any other type of advice.</em></p>

Shiba Inu Whale Activity Surges 450%

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