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<p><strong>Shiba Inu (SHIB), a cryptocurrency themed around dogs, has experienced a significant surge in tokens moving into wallets held by large investors.</strong></p><h2 id="header-0">Get Instant 100,000 CHIKA Tokens Airdrop Worth Of $100 USD Free On <a href="https://chikamoji.lol/" rel="noopener noreferrer nofollow">www.ChikaMoji.lol</a></h2><p><img src="https://i0.wp.com/cryptosheadlines.com/wp-content/uploads/2024/05/Chika-Moji-Airdrop.png?fit&#61;1920%2C1080&amp;ssl&#61;1" /></p><p>This increase, tracked by IntoTheBlock’s Large Holders Inflow data, jumped by an impressive 1,590% in the last 24 hours. Specifically, the amount of SHIB tokens entering these large wallets soared from 728.17 billion on May 15 to 3.97 trillion on May 16.</p><h3 id="strong-shiba-inu-large-holder-inflows-surge-amidst-price-battle-strong"><strong>Shiba Inu Large Holder Inflows Surge Amidst Price Battle</strong></h3><p>A spike in Large <a href="https://cryptosheadlines.com/largest-shiba-inu-holder-acquires-10m-worth-of-1-5-trillion-shib/" rel="noopener noreferrer nofollow">Holders Inflows for Shiba Inu</a> (SHIB) often signals significant buying activity among whales, who tend to purchase on centralized exchanges before transferring funds to cold storage. This influx can also indicate potential price bottoms, as whales typically buy in bulk following major corrections.</p><p>Currently, <a href="https://cryptosheadlines.com/xrp-surges-shib-faces-resistance-eth-shows-strength/" rel="noopener noreferrer nofollow">SHIB is facing resistance</a> as it struggles to surpass the daily SMA 50 at $0.00002524. Despite attempts by bulls to break through this crucial level, SHIB’s price closed lower after a recent push on May 15. Intraday highs reached $0.00002509 as bulls continue their efforts to drive prices higher.</p><p>While bullish momentum persists, efforts are also focused on maintaining support around the 56.65 trillion SHIB level, where the cryptocurrency is currently trading.</p><h2 id="header-1">Get Instant 100,000 CHIKA Tokens Airdrop Worth Of $100 USD Free On <a href="https://chikamoji.lol/" rel="noopener noreferrer nofollow">www.ChikaMoji.lol</a></h2><p><img src="https://i0.wp.com/cryptosheadlines.com/wp-content/uploads/2024/05/Chika-Moji-Airdrop-1.png?fit&#61;1920%2C1080&amp;ssl&#61;1" /></p><h3 id="strong-shiba-inu-holds-steady-amidst-whale-activity-strong"><strong>Shiba Inu Holds Steady Amidst Whale Activity</strong></h3><p>According to IntoTheBlock, approximately 56.65 trillion SHIB tokens are held across 54,280 addresses, with prices ranging from $0.000023 to $0.000026 and an average price of $0.000025.</p><p><a href="https://cryptosheadlines.com/pepe-whale-makes-big-profit-in-record-market-should-you-sell-too/" rel="noopener noreferrer nofollow">Also Read:   PEPE Whale Makes Big Profit in Record Market: Should You Sell Too?</a></p><p>Investor attention now focuses on the next move for Shiba Inu’s price within the 56.55 trillion SHIB range, particularly regarding its ability to surpass the significant MA 50 barrier. The recent surge of 1,590% in <a href="https://cryptosheadlines.com/reactivated-shiba-inu-whale-potential-impact-on-shib/" rel="noopener noreferrer nofollow">whale inflows raises questions about potential impacts on SHIB’s</a> price trajectory, prompting anticipation among market observers.</p><p><strong>Important:</strong> Please note that this article is only meant to provide information and should not be taken as legal, tax, investment, financial, or any other type of advice.Shiba Inu Surges 1590% in Key Metric</p>

Shiba Inu Surges 1590% in Key Metric

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