Shiba Inu (SHIB) whale swaps up 361%, is price poised for huge move? SHIB $SHIB ShibArmy SHIBCommunity
, or large holders, seem to be on a radical move, as reflected in the large transaction volume, which is up a massive 361.39% in the last 24 hours.
The Large Transactions Volume Indicator, according to IntoTheBlock, provides an idea of the total amount transacted by whales and institutional participants on a given day.Large transaction volume spikes suggest that institutional players or whales are aggressively buying or selling. Large transactions are defined by IntoTheBlock as transfers of more than $100,000.Massive spikes in large transactions have often impacted SHIB price movements in the past.
The Shiba Inu price is currently eyeing a rebound after earlier declines in the week. July 7 saw a major price move, with the SHIB price attaining highs of $0.00000732.
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