Bone

Shiba Inu

Trillion

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<a href="https://u.today/shiba-inu-shib-new-and-exciting-surprises-await" rel="noopener noreferrer nofollow">Shiba Inu</a> launched the Shibarium mainnet, a Layer 2 scaling solution and a fork of Polygon, on Aug. 16. 
Events took a dramatic turn when Shibarium encountered an unexpectedly massive influx shortly after its launch, causing it to pause. 
According to an <a href="https://blog.shib.io/shibarium-update/" rel="noopener noreferrer nofollow">update shared</a> by SHIB developer Kaal Dhairya, Shibarium received millions of "compute units" of traffic in a matter of seconds, causing it to go into fail-safe mode and, hence, it stopped to ensure funds were safe. 
Dhairya added that the <a href="https://u.today/shiba-inu-shib-exciting-times-unleashed-as-big-moment-arrives" rel="noopener noreferrer nofollow">Shiba</a> Inu team continues to stand by the assertion that the funds "paused" in the bridge are safe and, as a result, chose to "insure" $2 million if there is any issue after Shibarium is restarted. 
Shiba Inu's price reacted negatively to the Shibarium-related concerns. SHIB's value fell by 11% on the previous day before recovering to roughly $0.0000086 at press time. BONE plummeted by more than 18% before recovering to a price of $1.02 at the time of publication. 
Regardless of the recent unforeseen circumstances surrounding the Shibarium launch, Shiba Inu whales or huge holders appeared to respond differently. 
Per IntoTheBlock data, Aug. 16-17 saw an increase in SHIB large holder inflows from 1.48 trillion SHIB to 8 trillion SHIB. This implies that over 6.52 trillion SHIB were bought by these large holders or whales within this time frame. 
<h2 id="large-holders-inflow-up-whopping-664">Large holders' inflow up whopping 664%</h2> 
Large holder inflows have increased by 664% in the last seven days, with the big inflow spike seen on Aug. 17 accounting for most of this. 
The Large Holders Inflow metric from <a href="https://app.intotheblock.com/coin/SHIB/deep-dive?group=all&amp;chart=all" rel="noopener noreferrer nofollow">IntoTheBlock </a>tracks funds flowing into addresses belonging to whales or large holders. A surge in large-holder inflows could indicate a market bottom or that major buying activity is in progress. 
<img alt="IntoTheBlock" data-entity-type="file" data-entity-uuid="c0727ee8-f61a-4b1d-aaba-6e94c49f611b" src="https://u.today/sites/default/files/inline-images/18082023%200000.PNG">Shiba inu Large Holders Inflow, Courtesy:<a href="https://app.intotheblock.com/coin/SHIB/deep-dive?group=all&amp;chart=all" rel="noopener noreferrer nofollow"> IntoTheBlock</a> 
Furthermore, Shiba Inu's large transaction volume has soared 339% in the last 24 hours, suggesting that whales are making moves on the market. 
Currently, Shiba Inu ecosystems are posting a rebound as dip buying gains traction. Bone and LEASH were higher at 3.19% and 2.86% in the last 24 hours at the time of writing.

Shiba Inu Whales Buy 6.5 Trillion SHIB Day After Shibarium Launch

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