The Shiba Inu (SHIB) ecosystem has seen an astonishing surge in large on-chain transactions, with a remarkable 353% increase in transactions valued at $100,000 or more, totaling $18.62 million worth of SHIB tokens exchanged within a day. This surge contributed to a daily transaction volume of 3.61 trillion SHIB or $26.02 million.
What’s particularly noteworthy is the increase in whale activity, with SHIB token inflows into large holders’ wallets jumping from 169.04 billion SHIB to 2.98 trillion SHIB, marking a staggering 1,762.9% increase.
These developments signal a significant shift in the Shiba Inu ecosystem, attracting considerable attention in the crypto world as large transactions and whale activity continue to rise.
Important: 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.
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