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news-imageNovember 4, 2024

200 Billion Shiba Inu (SHIB) Suddenly Land in Top US Exchange's Wallet

Spot On Chain says that Gemini, one of the biggest U.S. cryptocurrency exchanges, recently moved a lot of funds into a new multisignature custody wallet. The wallet, which was created just 18 days ago, has quickly amassed a lot of altcoin holdings, including a major acquisition of 200 billion Shiba Inu (SHIB) tokens valued at around $3.39 million.
Publisher: UToday
Sentiment: Neutral
SHIB

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Positive
cover-imageUToday
November 4, 2024

Shiba Inu (SHIB) Rockets 361% in Whale Activity: Bullish?

The latest data from IntoTheBlock shows that large-scale transactions in Shiba Inu (SHIB) have increased by over 361% in the past 24 hours. The number of transactions in USD went from $10.95 million to $39.6 million, with the total amount of SHIB going from 628.55 billion to 2.34 trillion tokens.

Negative
cover-imageUToday
November 3, 2024

Only 628 Billion Shiba Inu (SHIB) in 24 Hours: Did Whales Give Up?

In contrast to the trillion-level transactions that were the on-chain activity for Shiba Inu, the same level has significantly declined with only 628 billion SHIB transacted in the last 24 hours. This declined volume raises concerns about the long-term viability and market appeal of SHIB by pointing to a potential change in whale activity.

Positive
cover-imageThe Currency Analytics
November 1, 2024

Bullish Shiba Inu Pattern Identified: Three Price Targets Ahead

Shiba Inu (SHIB) is showing signs of a potential upward movement, as market analyst Alex Clay identifies a bullish Inverse Head and Shoulders pattern on the daily chart. This technical formation is often viewed as a reliable signal for trend reversals, suggesting that SHIB could be preparing for a significant breakout in the near future.

Negative
cover-imageUToday
November 1, 2024

Is 274 Trillion Shiba Inu (SHIB) Enough? Price Makes Crucial Turn

Recently, the price of Shiba Inu hit a critical point on the chart at $0.000017, which is just above a crucial support level created by a group of moving averages and a large on-chain cluster of 274 trillion SHIB at the breakeven price level. SHIB appears to be at a turning point; according to the daily chart, any additional decline could send the asset into bearish territory.

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