Shiba Inu Whale Activity Surges as Exchanges Record Over 10 Billion Token Inflows
Shiba Inu (SHIB) has seen a significant increase in whale activity as major exchanges record large inflows of SHIB. According to data from the last 24 hours, the ten largest inflow transactions accounted for a combined 10.44 billion SHIB, representing a 1.51% uptick compared to the previous period.
This notable volume reflects a return of whale-driven activity in the SHIB ecosystem, with whales or other large investors making sizable deposits in single transactions. The average size per inflow transaction has grown 1.65% to 1.94 billion SHIB, while outflows reached 419.33 billion SHIB, increasing 1.19% over the same period.
The net inflow of 41.36 billion SHIB represents a decline in the netflow metric itself, which fell by 2.83%. The dollar value of exchange reserves now sits at approximately $505.77 million, reflecting a 0.81% decline as SHIB's market price softened.