{"id":635823,"date":"2024-08-15T21:00:53","date_gmt":"2024-08-15T21:00:53","guid":{"rendered":"https:\/\/wncen.com\/?p=635823"},"modified":"2024-08-15T18:55:27","modified_gmt":"2024-08-15T18:55:27","slug":"shiba-inu-whales-holdings-600","status":"publish","type":"post","link":"https:\/\/wncen.com\/shiba-inu\/shiba-inu-whales-holdings-600\/","title":{"rendered":"Prepare For Impact: Shiba Inu Whales Increase Their Holdings By 600% In A Single Day"},"content":{"rendered":"

Reports have revealed that <\/span>Shiba Inu (SHIB) whales<\/span><\/a> have dramatically increased their holdings by a whopping 600%. This massive <\/span>SHIB accumulation<\/span><\/a> signals investors growing confidence in the popular meme-based cryptocurrency.<\/span><\/p>\n

SHIB Whales Increase Holdings By Almost 600%<\/h2>\n

In just a single day, <\/span>Shiba Inu whales increased their holdings<\/span><\/a> by approximately 596%. According to <\/span>IntoTheBlock\u2019s data<\/span><\/a>, on August 12, the total net flow of large scale SHIB holders had surged from 27.06 billion SHIB to 161.15 billion SHIB.\u00a0<\/span><\/p>\n

Related Reading: Private Investors Kicked Out Of Top Bitcoin Holder List, Here Are The Stats<\/a><\/div>\n

While the reason for this aggressive token accumulation remains uncertain, the slight stabilization of <\/span>Shiba Inu\u2019s price fundamentals <\/span><\/a>may have contributed to the positive shift in <\/span>investors\u2019 sentiment<\/span><\/a>.\u00a0<\/span><\/p>\n

Earlier in January 2024, large scale holder net flow had surged as high as 4.51 trillion. However as the months went by, whales have been <\/span>offloading significant amounts of SHIB tokens<\/span><\/a> as the market showed signs of bearishness.\u00a0<\/span><\/p>\n

This renewed influx of whale activity is particularly noteworthy as <\/span>Shiba Inu aims to recover<\/span><\/a> from previous price declines. Additionally, the increase in whale holdings comes after Shiba Inu lead developer, <\/span>Shytoshi Kusama announced<\/span><\/a> the imminent release of a potentially bullish project in the Shiba Inu ecosystem.\u00a0<\/span><\/p>\n

Highlighting Kusama\u2019s announcement, crypto analyst, Oscar Ramos has expressed optimism about <\/span>Shiba Inu\u2019s future price outlook<\/span><\/a>. In an X (formerly Twitter) <\/span>post<\/span><\/a> Ramos revealed that he believes that Shiba Inu is heading towards the biggest coin breakout it has ever seen.\u00a0<\/span><\/p>\n

He highlights the ongoing developments and <\/span>upcoming projects<\/span><\/a> set to launch within the ecosystem as bullish catalysts for Shiba Inu\u2019s price increase. Additionally, Ramos described Shiba Inu as a blue chip cryptocurrency which has been showing immense productivity and growth recently.\u00a0\u00a0<\/span><\/p>\n

At the time of writing, the <\/span>price of Shiba Inu<\/span><\/a> is trading at $0.0000136, marking a 1.47% decrease in the last 24 hours after gaining 2.20% over the past week, according to CoinMarketCap.\u00a0<\/span><\/p>\n

Shiba Inu Whale Drains $2.2 Million Worth Of SHIB<\/h2>\n

On-chain analytics platform, Arkham Intelligence has <\/span>uncovered<\/span><\/a> a massive SHIB transaction executed by an anonymous whale. According to Arkham\u2019s reports, an unknown <\/span>Shiba Inu whale withdrew<\/span><\/a> a whopping 165.37 billion SHIB tokens from Coinbase, the largest crypto exchange in the United States (US).\u00a0<\/span><\/p>\n

Related Reading: Crypto Analyst Reveals What Could Drive The Bitcoin Price To $48,000<\/a><\/div>\n

Arkham Intelligence has disclosed that in the last six days, the anonymous whale executed three large scale transactions which amounted to the 165.37 billion SHIB. The total value of the SHIB withdrawal was estimated at around $2.25 million.<\/span><\/p>\n

In the first transaction, 32.537 billion SHIB, valued at $466,250 was withdrawn from Coinbase. The second transaction saw a withdrawal of 35.80 billion SHIB, worth over $480,530. The final and largest transaction involved the withdrawal of 97.027 billion SHIB, valued at over $1.33 million withdrawn.\u00a0<\/span><\/p>\n

\"Shiba
SHIB price takes a nosedive | Source: SHIBUSDT on Tradingview.com<\/a><\/figcaption><\/figure>\n
Featured image created with Dall.E, chart from Tradingview.com<\/div>\n","protected":false},"excerpt":{"rendered":"

Reports have revealed that Shiba Inu (SHIB) whales have dramatically increased their holdings by a whopping 600%. This massive SHIB accumulation signals investors growing confidence in the popular meme-based cryptocurrency. SHIB Whales Increase Holdings By Almost 600% In just a single day, Shiba Inu whales increased their holdings by approximately 596%. According to IntoTheBlock\u2019s data, on August 12, the total net flow of large scale SHIB holders had surged from 27.06 billion SHIB to 161.15 billion SHIB.\u00a0 Related Reading: Private Investors Kicked Out Of Top Bitcoin Holder List, Here Are The Stats While the reason for this aggressive token accumulation remains uncertain, the slight stabilization of Shiba Inu\u2019s price fundamentals may have contributed to the positive shift in investors\u2019 sentiment.\u00a0 Earlier in January 2024, large scale holder net flow had surged as high as 4.51 trillion. However as the months went by, whales have been offloading significant amounts of SHIB tokens as the market showed signs of bearishness.\u00a0 This renewed influx of whale activity is particularly noteworthy as Shiba Inu aims to recover from previous price declines. Additionally, the increase in whale holdings comes after Shiba Inu lead developer, Shytoshi Kusama announced the imminent release of a potentially bullish project in the Shiba Inu ecosystem.\u00a0 Highlighting Kusama\u2019s announcement, crypto analyst, Oscar Ramos has expressed optimism about Shiba Inu\u2019s future price outlook. In an X (formerly Twitter) post Ramos revealed that he believes that Shiba Inu is heading towards the biggest coin breakout it has ever seen.\u00a0 He highlights the ongoing developments and upcoming projects set to launch within the ecosystem as bullish catalysts for Shiba Inu\u2019s price increase. Additionally, Ramos described Shiba Inu as a blue chip cryptocurrency which has been showing immense productivity and growth recently.\u00a0\u00a0 At the time of writing, the price of Shiba Inu is trading at $0.0000136, marking a 1.47% decrease in the last 24 hours after gaining 2.20% over the past week, according to CoinMarketCap.\u00a0 Shiba Inu Whale Drains $2.2 Million Worth Of SHIB On-chain analytics platform, Arkham Intelligence has uncovered a massive SHIB transaction executed by an anonymous whale. According to Arkham\u2019s reports, an unknown Shiba Inu whale withdrew a whopping 165.37 billion SHIB tokens from Coinbase, the largest crypto exchange in the United States (US).\u00a0 Related Reading: Crypto Analyst Reveals What Could Drive The Bitcoin Price To $48,000 Arkham Intelligence has disclosed that in the last six days, the anonymous whale executed three large scale transactions which amounted to the 165.37 billion SHIB. The total value of the SHIB withdrawal was estimated at around $2.25 million. In the first transaction, 32.537 billion SHIB, valued at $466,250 was withdrawn from Coinbase. The second transaction saw a withdrawal of 35.80 billion SHIB, worth over $480,530. The final and largest transaction involved the withdrawal of 97.027 billion SHIB, valued at over $1.33 million withdrawn.\u00a0 Featured image created with Dall.E, chart from Tradingview.com<\/p>\n","protected":false},"author":594,"featured_media":635902,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[83740],"tags":[83668,89178,84473,83667,89157,86437,84562,84558],"class_list":["post-635823","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-shiba-inu","tag-shib","tag-shib-news","tag-shib-price","tag-shiba-inu","tag-shiba-inu-news","tag-shiba-inu-price","tag-shibusd","tag-shibusdt"],"acf":[],"yoast_head":"\nPrepare For Impact: Shiba Inu Whales Increase Their Holdings By 600% In A Single Day<\/title>\n<meta name=\"description\" content=\"Reports have revealed that Shiba Inu (SHIB) whales 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Having witnessed the evolving landscape of the crypto world firsthand, Scott is able to dissect complex crypto topics and present them in an accessible and engaging manner. Scott's dedication to clarity and accuracy has made him an indispensable asset, helping to demystify the complex world of cryptocurrency for countless readers. Scott\u2019s experience spans a number of industries outside of crypto including banking and investment. He has brought his vast experience from these industries into crypto, which allows him to understand even the most complex topics and break them down in a way that is easy for readers from all works of life to understand. Scott\u2019s pieces have helped to break down cryptocurrency processes and how they work, as well as the underlying groundbreaking technology that makes them so important to everyday life. With years of experience in the crypto market, Scott began to focus on his true passion: writing. During this time, Scott has been able to author countless influential pieces that have drawn in millions of readers and have shaped public opinion across various important topics. His repertoire spans hundreds of articles on various sectors in the crypto industry, including decentralized finance (DeFi), decentralized exchanges (DEXes), Staking, Liquid Staking, emerging technologies, and non-fungible tokens (NFTs), among others. Scott\u2019s influence is not just limited to the countless discussions that his publications have sparked but also as a consultant for major projects in the space. He has consulted on issues ranging from crypto regulations to new technology deployment. Scott\u2019s expertise also spans community building and contributes to a number of causes to further the development of the crypto industry. Scott is an advocate for sustainable practices within the crypto industry and has championed discussions around green blockchain solutions. His ability to keep in line with market trends has made his work a favorite among crypto investors. In his personal life, Scott is an avid traveler and his exposure to the world and various way of life has helped him to understand how important technologies like the blockchain and cryptocurrencies are. This has been key in his understanding of its global impact, as well as his ability to connect socio-economic developments to technological trends around the globe like no one else. Scott is known for his work in community education to help people understand crypto technology and how its existence impacts their lives. He is a well-respected figure in his community, known for his work in helping to enlighten and inspire the next generation as they channel their energies into pressing issues. His work is a testament to his dedication and commitment to education and innovation, as well as the promotion of ethical practices in the rapidly developing world of cryptocurrencies. Scott stands steady in the frontlines of the crypto revolution and is committed to helping to shape a future that promotes the development of technology in an ethical manner that translates to the benefit of all in the society.","sameAs":["https:\/\/x.com\/https:\/\/twitter.com\/MathersonScott"],"url":"https:\/\/wncen.com\/author\/mathersonscott1\/"}]}},"parsely":{"version":"1.1.0","meta":{"@context":"https:\/\/schema.org","@type":"NewsArticle","headline":"Prepare For Impact: Shiba Inu Whales Increase Their Holdings By 600% In A Single Day","url":"http:\/\/wncen.com\/shiba-inu\/shiba-inu-whales-holdings-600\/","mainEntityOfPage":{"@type":"WebPage","@id":"http:\/\/wncen.com\/shiba-inu\/shiba-inu-whales-holdings-600\/"},"thumbnailUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2024\/08\/Shiba-Inu-whale.jpeg?resize=200%2C200","image":{"@type":"ImageObject","url":"https:\/\/wncen.com\/wp-content\/uploads\/2024\/08\/Shiba-Inu-whale.jpeg?fit=1792%2C1024"},"articleSection":"Shiba Inu","author":[{"@type":"Person","name":"Scott Matherson"}],"creator":["Scott Matherson"],"publisher":{"@type":"Organization","name":"NewsBTC","logo":"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/cropped-cropped-cropped-favicon.png?w=32"},"keywords":["shib","shib news","shib price","shiba inu","shiba inu news","shiba inu price","shibusd","shibusdt"],"dateCreated":"2024-08-15T21:00:53Z","datePublished":"2024-08-15T21:00:53Z","dateModified":"2024-08-15T21:00:53Z"},"rendered":"<script type=\"application\/ld+json\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@type\":\"NewsArticle\",\"headline\":\"Prepare For Impact: Shiba Inu Whales Increase Their Holdings By 600% In A Single Day\",\"url\":\"http:\\\/\\\/wncen.com\\\/shiba-inu\\\/shiba-inu-whales-holdings-600\\\/\",\"mainEntityOfPage\":{\"@type\":\"WebPage\",\"@id\":\"http:\\\/\\\/wncen.com\\\/shiba-inu\\\/shiba-inu-whales-holdings-600\\\/\"},\"thumbnailUrl\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2024\\\/08\\\/Shiba-Inu-whale.jpeg?resize=200%2C200\",\"image\":{\"@type\":\"ImageObject\",\"url\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2024\\\/08\\\/Shiba-Inu-whale.jpeg?fit=1792%2C1024\"},\"articleSection\":\"Shiba Inu\",\"author\":[{\"@type\":\"Person\",\"name\":\"Scott Matherson\"}],\"creator\":[\"Scott Matherson\"],\"publisher\":{\"@type\":\"Organization\",\"name\":\"NewsBTC\",\"logo\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2020\\\/06\\\/cropped-cropped-cropped-favicon.png?w=32\"},\"keywords\":[\"shib\",\"shib news\",\"shib price\",\"shiba inu\",\"shiba inu news\",\"shiba inu price\",\"shibusd\",\"shibusdt\"],\"dateCreated\":\"2024-08-15T21:00:53Z\",\"datePublished\":\"2024-08-15T21:00:53Z\",\"dateModified\":\"2024-08-15T21:00:53Z\"}<\/script>","tracker_url":"https:\/\/cdn.parsely.com\/keys\/wncen.com\/p.js"},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/wncen.com\/wp-content\/uploads\/2024\/08\/Shiba-Inu-whale.jpeg?fit=1792%2C1024","amp_enabled":true,"_links":{"self":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts\/635823"}],"collection":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/users\/594"}],"replies":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/comments?post=635823"}],"version-history":[{"count":0,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts\/635823\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/media\/635902"}],"wp:attachment":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/media?parent=635823"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/categories?post=635823"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/tags?post=635823"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}