Shiba Inu Whale (SHIB) activity was disrupted by 99.5% in just one day

Shiba Inu Whale (SHIB) activity was disrupted by 99.5% in just one day
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The popular cryptocurrency inspired by memes, Shiba Inu (SHIB)is still facing major disruptions both on the price chart and behind the scenes in the chain world. For example, the last episode of SHIB Adventures was an unprecedented 99.5% decline in bullish whale activity on the Shiba Inu token.

Since 48 hours ago, the net inflow of tokens into the portfolios of investors who own at least 0.1% of SHIB's premium supply has risen from 60.75 billion tokens to 2.97 trillion. However, the scale collapsed today to 14.8 billion tokens, the lowest level for the week, according to IntoTheBlock.

If we delve into the details, we can see that the value of outflows from the wallets of Shiba Inu token holders did not change much during the period under review.

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However, the number of inflows saw significant jumps, initially increasing by nearly three trillion SHIB per day, then collapsing to 760.82 billion tokens.

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source: IntoTheBlock

It is interesting that during the period in which Shiba Inu While the token was seeing this huge influx of whale addresses, SHIB's price rose by more than 6%. However, when the picture stabilized on net inflows, token prices did not face much pressure but calmed down, and are trading today with a minimal decline of 2.32%.

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SHIB to USD by CoinMarketCap

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Considering that the 99.5% decrease in net inflows was due to a contraction of the anomalous spike in inflows, and not an increase in outflows from whales, we can say that the situation for Shiba Inu is good. Moreover, there are some large companies interested in investors who can buy the token. Featured at $66 million per day.

As for the price Shiba Inu symbolIt is also not threatened with a serious collapse due to the lack of serious selling by major investors.



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