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Shiba Inu (SHIB) Whales Wake Up: 200% Skyrocketing Recorded
The recent surge in Shiba Inu’s price has been met with increased whale activity, suggesting that the asset may be preparing for a long-term rally. This is evident from the recent data that shows significant buying pressure.
According to on-chain data, the whales have woken up, and their actions are having a profound impact on SHIB’s market dynamics. The information indicates that there has been an extraordinary increase in whale participation over the past few days, with records showing a 200% skyrocketing of these big players’ activity.
While some may view this as a sign of impending exhaustion, many analysts believe that the whales are simply preparing for a longer-term rally. This theory is supported by the charts, which show SHIB holding strong above its key support levels and now setting up for a potentially massive move higher.
The recent actions of these large investors have created an environment where the asset may be primed to continue its upward trajectory.
Source: https://u.today/shiba-inu-shib-whales-wake-up-200-skyrocketing-recorded
