Shiba Inu is still at the forefront of crypto investors’ minds, especially large investors, as shown by the notable rise in their activity over the last week. This development also comes at a time when there has been a noted increase in the SHIB burn, and both of these developments could work hand in hand to propel the meme coin toward another rally.
Shiba Inu Whale Movements See Drastic Rise
Large investors in the Shiba Inu meme coin have been showing their hands lately with their on-chain transactions. According to data from IntoTheBlock, these large holders have been ramping up the rate at which they are moving coins.
The large transactions volume metric from IntoTheBlock witnessed a notable surge between February 4 and 5, accounting for one of the highest rises so far in 2024. These large transactions are those carrying $100,000 and above, and at current prices, this means transactions carrying a minimum of 11.3 billion SHIB tokens.
The on-chain tracking website shows that this m
We współpracy z: https://bitcoinist.com/shiba-inu-on-chain-metric-rise/
