Laut engem CoinMarketCap chart, Shiba Inu has seen a significant amount of “buying activity” within a relatively short time.
An de leschten 24 Stonnen, WhaleStats' Shiba Inu transaction chart of the top 100 holders saw the highest transfer amount (37,372,660) recorded since July 15, with transfer counts numbering 71, which is the highest in more than a month.
As seen on the hourly chart, Shiba Inu printed a massive green candle in the last hour. In the lead-up to this, the Shiba Inu dip was bought for $0.00001177, illustrating the massive activity.
Entspriechend zu WhaleStats, Shiba Inu was one of the top 10 most purchased assets among the top 2,000 ETH whales just 24 hours ago. The motive behind the massive purchases is still unknown. Whales typically use a period of accumulation and a dip to load up tokens at a discount. This might be one of the reasons for Ethereum whales purchasing Shiba Inu.
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Additionally, the anticipation of wider adoption and impending launches may play a role. Shiba Inu just revealed its historic partnership with The Third Floor (TTF) for the building of its SHIB.io Metaverse, so Ethereum whales may see this as further positive potential to go by.
Shiba Inu Präis Aktioun
Shiba Inu’s price dipped to a low of $0.00001197 on Aug. 9 as the market braced for the incoming U.S. inflation stats. The arrival of lower-than-expected inflation stats bodes well for the cryptocurrency market. Shiba Inu responded likewise by reaching a high of $0.0000125, as seen at press time.
$ SHIB is moving in this flag on daily chart! If it breaks, potential target is around 0.00001700
Note that volume is low right now. pic.twitter.com/P9VwUIvcgj
- $ SHIB KNIGHT (@army_shiba) August 10, 2022
Meanwhile, Shiba Inu continues to trade in a tight range since July 27, which implies an imminent move on the way. The RSI has risen slightly above the 50 neutral mark, suggesting an edge to bulls. Shiba Inu was trading at $0.00001239, up 3% on the day.
Source: https://u.today/shiba-inu-mysterious-buying-activity-spotted-heres-what-happened