Shiba Inu Whales Buy 17 Billion SHIB as Shibarium Activity Explodes
Is Shiba Inu about to skyrocket? Recent whale activity suggests potential bullish momentum. In what has been a dormant price movement for Shiba Inu, two whales have purchased 17 billion SHIB. Moreover, the utility of the Shibarium Layer 2 protocol has only just begun to unlock its full potential, fueling excitement within the Shiba Inu community.
The Shiba Inu ecosystem is ablaze with activity as a recent surge in whale transactions, up a staggering 62%, coincides with an explosive 350% increase in new adresses interacting with Shibarium. This surge in activity indicates a growing adoption and confidence in Shiba Inu\'s long-term prospects. Learn more about Shibarium.
Whale Alert: 17 Billion SHIB Moved
A number of large Shiba Inu transactions were highlighted by the popular whale tracking account on X (formerly Twitter) called Whale Alert. The first transaction took place recently, showing significant accumulation of SHIB tokens. The 17 Billion SHIB purchase is not an isolated incident. Whale transactions involving SHIB jumped a staggering 1,314% in 24 hours, totaling $64 million, demonstrating a strong renewed interest from big players.
Shibarium\'s Growing Utility
The increased activity is intrinsically linked to the development and utility of Shibarium. The Layer 2 protocol offers faster and cheaper transactions, making Shiba Inu more practical for everyday use. This increase in practicality is contributing to the overall excitement and demand for SHIB.
Shiba Inu Price Prediction & Market Sentiment
Hace 3 días The cryptocurrency market continues to navigate choppy waters as global economic tensions weigh on investor sentiment. Shiba Inu has established a resistance zone around a certain price point, and breaking through it could trigger another bull run. Its main token, Shiba Inu (SHIB), deleted a zero from its market price, a milestone that historically catalyzed SHIB’s biggest bull runs. In the wake of Bitcoin’s iShares ETF approval, SHIB could potentially follow a similar trajectory.
While the market remains volatile, the influx of capital from whales and the growing utility of Shibarium present a potentially positive outlook for Shiba Inu in the near future. A huge transfer of 4.23 trillion SHIB tokens from an unknown wallet to a centralized exchange could introduce sell pressure; however, the recent 17 billion SHIB purchase by whales seems to counteract that effect. 4 de sept. de 2025 and beyond, Shibarium will continue to shape the future of Shiba Inu.