Surge in SHIB burns coincides with sudden rise in whale interest
Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions.
In the last 24 hours, Shiba Inu has seen a significant uptick in the burn rate, with millions of tokens being torched.account, in the past 24 hours, a total of 4,829,147 SHIB tokens have been burned in seven transactions. This caused a 3,894% increase in the burn rate.The surge in SHIB burns coincides with a sudden rise in whale interest for SHIB, with the number of large transactions involving SHIB doubling this week compared to the averages seen earlier in 2024.
At the time of writing, SHIB was down 1.5% in the last 24 hours to $0.00002562, albeit higher by 7% in the last seven days and up 218% yearly.data, the large transaction volume for SHIB has risen 223%, with $435.66 million transacted in large transactions of more than $100,000. This metric provides an estimate of the total amount transacted by whales and institutional players on a given day.
$1.5 Billion in AUM, Major Trends for 2024-2025 and Market-Making Across Three Bull Runs: Interview With CLS Global CEO Filipp Veselov
France Dernières Nouvelles, France Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
Half Trillion Shiba Inu (SHIB) in 24 Hours: Is Shiba Inu (SHIB) Hiding Something?Shiba Inu saw another whale-tier transactions surge
Lire la suite »
2 Trillion Shiba Inu (SHIB) in 24 Hours: Shiba Inu (SHIB) on Verge of Surge?Shiba Inu whales are still active, but it doesn't really help
Lire la suite »
Shiba Inu (SHIB) Joins Ranks of Major Solana-Centered ExchangeShiba Inu (SHIB) skyrockets in adoption with listing on hot new exchange Backpack
Lire la suite »
Shiba Inu (SHIB) Skyrockets 290% in Key Whale MetricPopular meme cryptocurrency Shiba Inu almost triples in whale activity amid what seems to be bullish accumulation in SHIB price
Lire la suite »
Shiba Inu Skyrockets 1,590% in Key Metric as Whales Dive in to Save SHIB PriceLast three days have been battle for SHIB price
Lire la suite »
Shiba Inu's Weekly Burn Skyrockets 338%, Millions of SHIB DisappearThis uptick in token-burning activity underscores Shiba Inu's commitment to reducing its token supply
Lire la suite »