Shiba Inu (SHIB) Tokens Experience Dramatic Surges and Liquidations
Shiba Inu's large-holder inflows surged by 570% as whale activity increased, with a 276.25% rise in large transaction volume, indicating high activity among institutional players or whales. This surge in key whale metrics coincides with a market correction, with SHIB price dropping 12% amid overall cryptocurrency losses. The surge in large-holder inflows may indicate whales acquiring SHIB tokens on exchanges before transferring them to cold storage, or strategically planning for future gains amidst the market downturn.