Shiba

Accumulate

Rally

Shiba Inu

Coin

<ul class="news-points"> 
 <li>Whales have continued to add SHIB to their portfolio.</li> 
 <li>Buying pressure increased, leading SHIB to neutralize sellers’ presence.</li> 
 <li>If buyers get more aggressive and the CVD turns positive, SHIB may hit $0.000011.</li> 
</ul> 
Over the last few days, <a href="https://coinedition.com/shib-burn-skyrockets-2274-in-24-hours-bullish-signal-for-shiba-inu/">Shiba Inu (SHIB)</a> has had the attention of whales on lockdown, Lookonchain revealed. According to Lookonchain, another whale bought SHIB worth $1.38 million on January 11. 
This came after Coin Edition recently <a href="https://coinedition.com/why-shib-bigtime-mkr-rndr-could-be-ready-to-move/">reported</a> that the Shiba Inu token was one of the cryptocurrencies involved in a large buying spree. However, Lookonchain noted that four whales, including Tron (TRX) founder Justin Sun, have also bought SHIB in the last 30 days. 
The on-chain tracking handle, noted in the <a href="https://twitter.com/lookonchain/status/1745361421817508240" target="_blank" rel="nofollow">post</a> above, has 577 billion SHIB. Another one of the addresses accumulated 136.86 billion. 
<h2 class="wp-block-heading" id="h-shib-tries-to-match-btc-and-eth">SHIB Tries to Match BTC and ETH</h2> 
Large buys like this usually have a positive impact on a cryptocurrency’s value. Interestingly, SHIB seems to be reaping the gains of the accumulation. Following the accumulation, the price of SHIB has been making moves to match <a href="https://coinedition.com/bitcoin-etf-approval-realizes-is-xrp-etf-launch-the-next/">Bitcoin (BTC)</a> and <a href="https://coinedition.com/ethereum-surpasses-2400-how-high-can-eth-surge/">Ethereum’s (ETH)</a> performance since the new year began.&nbsp; 
At the time of writin…
The post <a href="https://coinedition.com/top-dogs-accumulate-shiba-inu-shib-in-billions-is-a-rally-coming/">‘Top Dogs’ Accumulate Shiba Inu (SHIB) In Billions: Is a Rally Coming?</a> appeared first on <a href="https://coinedition.com">Coin Edition</a>.

‘Top Dogs’ Accumulate Shiba Inu (SHIB) In Billions: Is a Rally Coming?

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