Something strange is happening behind the scenes of Shiba Inu (Shiba) as large players, or in order to put it more times in a conversational board – whales – were less active, and the numbers tell a clear story.
The data on the Intotheblock chain show a sharp decrease in large transactions. Over the past 24 hours, a drop in transactions by 55.63% in the amount of at least $ 100,000. This is 1.93 trillion. The schube switches, down from 4.35 trillion. In dollars, the volume decreased from $ 65.59 million. USA to 30.87 million dollars. USA. Not a small sauce. During this period, only 70 large transactions took place.
And the slowdown does not end. Wallets containing at least 0.1% of the SHIB supply, tributaries collapsed during the night. Big holders give a metric? Down 91.14%. A stunning fall from 3.8 trillion Shiba to 336.75 billion. The usual activity of these wallets? Not there.
But the outflow? Another story. They shot, increasing by 378%. This means that 1.13 trillion. Shiba left large wallets in one day, much higher than before. Redistribution, unloading – something changes.
Meanwhile, the price of the Shiba has not changed much. After the volatility and liquidation of the last week, it seems that she was stuck. He did not move since Tuesday. On Friday, it was just a little life, rising about 8% on weekends. Could it be a breakthrough? It’s too early to talk too early.
Since large players take a step back, the market will simply guess what is happening. Are they waiting for anything? Or do they move? Or something larger on the horizon? The following movements in the Shibe will probably depend on whether these large holders remain silent or roaring back.
