Shiba

Solana

Bitcoin

Dogecoin

Shiba Inu

<figure> 
 <figcaption>
 Cover image via <a href="https://u.today/">U.Today</a>
 </figcaption> 
</figure>
Dog-themed cryptocurrency <a href="https://u.today/shiba-inu-shib-slips-from-top-10-yet-optimism-remains">Shiba Inu (SHIB)</a> has experienced a staggering surge of 3,220% in large holder netflows. This unprecedented spike in netflows demonstrates intriguing moves by whales that are either accumulating or selling.
<a href="https://app.intotheblock.com/coin/SHIB/deep-dive?group=all&amp;chart=all">Large holder netflows</a>, which track the movement of SHIB tokens among wallets holding significant amounts of the cryptocurrency, provide valuable insights into the behavior of whales and institutional investors.
A spike in large holders' inflow demonstrates accumulation by large holders, or whales, while drops in this metric might indicate selling.
The surge in large-holder netflows might reflect a significant increase in institutional interest in Shiba Inu, suggesting growing confidence in the cryptocurrency's long-term viability. The last 24 hours saw 9.94 trillion SHIB in the volume of large transactions, which refers to those greater than $10,000.
At the time of writing, SHIB was trading up 2.27% in the last 24 hours to $0.0000324. Shiba Inu's 24-hour trading volume has surged by nearly 51%, with $2.41 billion worth of trades. With a market cap of $19.05 billion, Shiba Inu sits in 11th place in the crypto market rankings.
<h2 id="shiba-inu-secures-second-place-on-upbit">Shiba Inu secures second place on Upbit</h2>
Shiba Inu saw an extraordinary surge in price and <a href="https://coinmarketcap.com/currencies/shiba-inu/">market capitalization</a> in recent weeks. Against this backdrop, Shiba Inu has achieved a significant milestone by becoming the current second most traded asset on Upbit, trailing only behind Bitcoin (BTC) in terms of trading volume.
Upbit Korea is the largest cryptocurrency exchange in South Korea in terms of trading volume and customer base, thus, this remarkable feat underscores SHIB's growing popularity and widespread adoption among South Korean traders, who have embraced the dog-themed cryptocurrency as a trading opportunity.
According to <a href="https://twitter.com/KaikoData/status/1767890872161694035">Kaiko</a>, Shiba Inu saw the largest volumes at $31 billion last week, surpassing Dogecoin and other large-cap nonmeme altcoins, such as Solana (SOL).

Shiba Inu (SHIB) Skyrockets 3,220% as Whales Make Intriguing Moves

目錄

U_Today

在 2024年3月14日發表的其他文章

Bitcoin Cash Shows Signs of Potential Upside Amidst Neutral Position

Dash Empowers Merchants with ivendPay Partnership: A Leap Towards Crypto Vending Solutions

Solana Skyrockets to 25-Month High, Captures Market Spotlight

Anticipation Grows for RNDR Token as Render Network Leader Set to Present at NVIDIA GTC

Bitcoin Soars to New Heights as Altcoins Experience Mixed Movements

Analyst Who Tracks Every Bitcoin Move Warns Investors About These 3 Altcoins

訂閱免費電子報，每天收取加密貨幣最新動態！