2023-07-30 00:33:40
On-chain analytics platform Santiment has tweeted that major Shiba Inu traders are frantically scooping Shiba Inu coins.
According to Santiment, crypto wallets containing between 10 million and 100 billion Shiba Inu SHIBs have scooped up over $9 million in total Shiba Inu coins in less than two months, Santiment said.
“Shiba Inu made a surprise appearance towards the end of a stagnant market week, with Shiba Inu holdings ranging from 10 million to 100 billion SHIB, totaling $9 million in assets in just 8 weeks.”
Platform Santiment noted in the image that a massive 1.11 trillion Shiba Inu coins SHIB have been scooped since June 4.
Shiba Inu surges over 6%
The Shiba Inu coin has soared back to $0.00000845 on Friday. It has increased 5.55% over the past 24 hours. and is currently at $0.00000821.
Shiba Inu trading volume has increased by 282% in the last 24 hours. The Shiba Inu is now the 14th largest cryptocurrency with a market cap of $4.84 billion.
Data from the Santiment platform shows that the Shiba Inu price increase occurred following the massive whale transaction.
Additionally, data from LunarCrush Altranking indicates that the Shiba Inu coin is gaining more and more interest online.
SHIB’s Twitter account recently tweeted a countdown to the third year of the Shiba Inu project, saying, “The countdown has begun. We only have a few days until the project’s 3rd anniversary.”
Source: U.Today
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