A Shiba Inu whale transferred 600 billion SHIB tokens valued at about $3.09 million, adding to years of gradual sales from a wallet that originally bought 1.03 quadrillion SHIB in 2020 for roughly $13,700. Despite selling over 10 trillion SHIB and generating around $66.6 million, the wallet still holds about 93.27 trillion SHIB, representing more than 1.5% of the circulating supply. SHIB is currently under short-term selling pressure in both spot and futures markets, with the token price down about 1.47%. The recent transfer does not confirm an immediate sale as it could be an internal wallet move, but the whale remains influential due to its large holding.
Shibarium, the Layer-2 network for Shiba Inu (SHIB), has deployed Safe v1.4.1 smart contracts to enhance security with multisignature wallet functionality. This upgrade, verified on ShibariumScan, adds an extra layer of protection for users and suppo...
Shiba Inu (SHIB) experienced a sharp 75.55% decrease in average exchange outflows, indicating reduced accumulation and potential bearish pressure. Meanwhile, exchange inflows rose by 24.13%, shifting the short-term balance toward deposits rather than...
In August's top crypto news, Mastercard sponsored an XRP Ledger hackathon in New York, signaling growing ties with Ripple. Legendary trader Peter Brandt reversed his bearish stance, buying Bitcoin after a key technical breakout pushed prices above $7...
Finbold's AI Agent predicts Shiba Inu (SHIB) price could drop about 2.91% by the end of September 2023, from $0.00000515 to $0.0000050. The forecast uses technical indicators like MACD and RSI, showing current bullish control but a possible short-ter...
Shiba Inu's exchange reserves are approaching a key threshold of 87 trillion tokens, currently standing at about 86.997 trillion. This rise in reserves indicates more tokens are available on exchanges, which could increase selling pressure and limit ...
