web3.0SHIB Whales Might Finally Be Returning as 1.9 Trillion Shiba Inu Were Transacted in Just One Day
With almost 1.9 trillion SHIB transferred in the last 24 hours, big whale transactions involving Shiba Inu have experienced a surge.
A massive 1.9 trillion Shiba Inu (SHIB) was transacted on Sept. 4, according to data from analytics firm IntoTheBlock. This activity might be a sign that SHIB whales are finally returning.
The last time SHIB whales moved such a large amount was on Aug. 27, when 2.65 trillion SHIB was transacted in a single day. This activity might be a sign that SHIB is once again gaining traction among major holders and traders.
The seven-day average for large SHIB transactions is currently at 100 transactions, which is the highest it has been since early September. This increase in large transactions might be a sign that SHIB is preparing for another upward move.
Historically, large transactions by whales have been known to both indicate possible price movements and increase volatility. It is also noteworthy that there are a lot of transactions. Within a day, 1.95 trillion SHIB was moved, and on Sept. 4, the seven-day high reached 2.65 trillion SHIB.
This degree of movement indicates that following a period of relative quiet, SHIB's on-chain activity is beginning to pick up steam once again. Such behavior may be a sign of accumulation or of getting ready for impending liquidity events.
According to the price chart, SHIB continues to trade below the 50, 100 and 200 EMAs, which are important moving averages indicating a recent downward trend. However, given the rise in big transactions and on-chain volume, SHIB may be preparing for a reversal.
The relative strength index (RSI), which is currently circling 43, indicates that SHIB is in the oversold zone, which may support a possible bounce.
The above is the detailed content of SHIB Whales Might Finally Be Returning as 1.9 Trillion Shiba Inu Were Transacted in Just One Day. For more information, please follow other related articles on the PHP Chinese website!
The Challenges That Lie Ahead For Shiba Inu (SHIB) and How the Ecosystem Has EvolvedAug 06, 2024 am 09:53 AMThe Shiba Inu (SHIB) marketing lead, Lucie, has provided insights into the challenges that lie ahead for the meme coin.
Discover the SHIB Revolution: Tokens to Watch!Jul 28, 2024 am 03:40 AMThe SHIB ecosystem features standout tokens like SHIB, LEASH, BONE, SHEB and the upcoming TREAT and SHI. These assets are not just for show
SHIB Price Could Reach $0.0007 by 2050 if It Follows Bitcoin to Hit $2.9MJul 27, 2024 pm 06:25 PMShiba Inu price could potentially reach unprecedented heights if SHIB follows Bitcoin should the premier crypto asset hit $2.9 million as predicted by VanEck.
Shiba Eternity Web3 Launches Closed Beta Version, Accessible through LEASH TokensJul 30, 2024 am 09:20 AMSenior SHIB Official Lucie has dropped hints that the highly anticipated Shibarium game, Shiba Eternity, may be out soon.
Shytoshi Kusama Hints at Forthcoming Collaboration with AI Project NFA LabsAug 09, 2024 am 06:27 AMShytoshi Kusama, the enigmatic figure leading the Shiba Inu ecosystem, has sparked speculation about a forthcoming collaboration with an AI project.
Shiba Inu Marketing Lead Lucie Confirms Closed Beta Launch of the Shiba Eternity Web3 VersionJul 31, 2024 am 03:11 AMThe game, which is built on the Shibarium network, aims to bring the collectible card game into the web3 with its migration to the Shibarium Layer-2 blockchain.
Shiba Inu Price Crash Is Following Bitcoin, But The Real Reason Is Even DeeperAug 06, 2024 am 03:25 AMThe Shiba Inu price crash being experienced today is not a result of a single event occurring for the meme coin. Rather, it is linked to a further market-wide crash that began with the Bitcoin price first falling below $60,000 and eventually breaking
Mpeppe (MPEPE): A New Contender in the Meme Coin Landscape as Shiba Inu (SHIB) FaltersJul 31, 2024 am 04:12 AMIn the volatile landscape of cryptocurrency, fortunes can change rapidly. Shiba Inu (SHIB), once a beacon of hope for meme coin enthusiasts, is currently navigating through turbulent waters.
Hot AI Tools
Undresser.AI Undress
AI-powered app for creating realistic nude photos
AI Clothes Remover
Online AI tool for removing clothes from photos.
Undress AI Tool
Undress images for free
Clothoff.io
AI clothes remover
AI Hentai Generator
Generate AI Hentai for free.
Hot Article
Hot Tools
mPDF
mPDF is a PHP library that can generate PDF files from UTF-8 encoded HTML. The original author, Ian Back, wrote mPDF to output PDF files "on the fly" from his website and handle different languages. It is slower than original scripts like HTML2FPDF and produces larger files when using Unicode fonts, but supports CSS styles etc. and has a lot of enhancements. Supports almost all languages, including RTL (Arabic and Hebrew) and CJK (Chinese, Japanese and Korean). Supports nested block-level elements (such as P, DIV),
Notepad++7.3.1
Easy-to-use and free code editor
SAP NetWeaver Server Adapter for Eclipse
Integrate Eclipse with SAP NetWeaver application server.
VSCode Windows 64-bit Download
A free and powerful IDE editor launched by Microsoft
DVWA
Damn Vulnerable Web App (DVWA) is a PHP/MySQL web application that is very vulnerable. Its main goals are to be an aid for security professionals to test their skills and tools in a legal environment, to help web developers better understand the process of securing web applications, and to help teachers/students teach/learn in a classroom environment Web application security. The goal of DVWA is to practice some of the most common web vulnerabilities through a simple and straightforward interface, with varying degrees of difficulty. Please note that this software
