Popular meme coin Shiba Inu (SHIB) triggered a 268% increase in whale activity amid a price recovery. Large transaction volume, which indicates whale activity such as buying or selling in the last 24 hours, increased by 268.26% to a remarkable level. These large transactions include transactions worth over $100,000, and the total volume in the last 24 hours was recorded at $98.12 million. According to IntoTheBlock data, major transaction volume increased significantly, from 1.07 trillion SHIB on April 28 to 4.17 trillion SHIB on April 29. This whale-sized increase has triggered a price rebound for the Shiba Inu following a decline over the previous four days.
As the price of SHIB recovers, large amounts cryptocurrency Ownership whales acted quickly to take advantage of this opportunity, executing large transactions and thus increasing the huge transaction volume. With this large increase in trading volume, it may be important to pay attention to large holder net flows that indicate changes in whales’ positions. Currently, Shiba Inu is seeing a negative net flow of 309% on a trailing seven-day basis. This could indicate that whales are reducing their positions or selling as uncertainty sets in in the broader crypto market.
As we reported as Koinfinans.com, at the time of writing this news meme coin It is trading at $0.0000235. Additionally, it has increased by 4% in the last 24 hours. However, SHIB has experienced a decline of 12.05% in the last seven days.
Shiba Eternity Receives a New Update
Shiba Inu CCG game Shiba Eternity has been significantly improved with the third major update this month. The latest version, 1.2.7, aims to increase player interaction and strategic depth. The update comes with significant improvements to the social menu. Now players can quickly upload and manage their friends lists, making it easier to connect.
With this update, the Shiba Eternity game aims to improve strategic depth and social connections by increasing interaction between players.
A significant change in game mechanics is affecting fighters currently in beta. These warriors have been adjusted to no longer deal debuff damage to adjacent friendly warriors when destroyed.
Additionally, in exciting news, it was announced that the SHIB/JPY trading pair has been listed on Binance Japan.
