Shiba Inu: Trillions of SHIB Dumped by Whales Over Past 48 hours
Meme cryptocurrency Shiba Inu [SHIB] has gained significant attention and popularity in recent years. The project has also made progress in terms of its utilities, although its price performance has been less favorable. Meme coins have been gaining traction despite the increasing adoption of other cryptocurrencies. SHIB stands out among the popular meme coins due to its notable development efforts. However, its price performance has not been in the best shape. Also read: Binance Makes Major Changes to its Terms of Service With the price trading in the $0.000006586 range now, there has been increased whale activity in the last 24 hours . Recent data from IntoTheBlock shows that there has been a spike in Shiba Inu whale activity in the last 24 hours . Source: Outlook India Shiba Inu whale holdings drop considerably According to the data, the SHIB holdings of these whales have dropped by almost 3 trillion since Friday. The whales held 661.44 trillion tokens as of Friday. However, the hold...