According to IntoTheBlock data, balnia activity for Shiba Inu (SHIB) attracted attention, increasing by 987%.
Large transaction volume, an indicator that measures the total amount transferred in large transactions, i.e. transactions over $100,000, increased by 987% in the last 24 hours. According to IntoTheBlock daily data, huge transaction volumes were recorded at $70.73 million in the last 24 hours.
A related indicator, major trading volume, provides an estimate of the total amount traded by whales on a given day. Increases in large transaction volumes may indicate increased buying or selling activity by whales. A total of 10.23 trillion in the last 24 hours SHIB This represents the highest amount moved in the last seven days.
Contributing to the increase in large transactions was a major exchange of 4,554,030,677,374 Shiba Inu tokens valued at $31,520,723 on October 20.
Shiba Inu observed a huge increase in trading volume, rising from 2.55 trillion SHIB on October 19 to 11.48 trillion SHIB on October 20. Transaction volume refers to the total volume of recorded transactions.
Shiba Inu price It has increased slightly in the last 24 hours to $0.00000697 at the time of writing. The cryptocurrency is up 0.07% for the week as bulls look to hold on to gains after a two-day rally.