Shiba Inu Eyes Explosive 353% Surge in Large Transactions Worth 2.6 Trillion SHIB

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Shiba Inu Eyes Explosive 353% Surge in Large Transactions Worth 2.6 Trillion SHIB
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Large transactions with Shiba Inu token eye 2.6 trillion SHIB recovery as whale activity increases

ecosystem has been shaken to its core by an unprecedented surge in substantial on-chain transactions. According to a report by IntoTheBlock, the standout highlight of this phenomenon is a jaw-dropping 353% surge in large transactions valued at $100,000 or more. This meteoric rise unfolded within the span of a day since the weekend started.Renowned blockchain data provider IntoTheBlock documented this phenomenal occurrence, underscoring the astonishing leap of $18.

The impact of this surge on the market is nothing short of remarkable, contributing to an overall daily transaction volume of 3.61 trillion SHIB, or $26.02 million.What makes this surge even more noteworthy is its correlation with the rise of another crucial metric measuring whale activity. On-chain data reveals that This surge in large SHIB transactions and the influx into whale wallets hint at a seismic shift within the ecosystem.

Gamza graduated with a degree in finance and credit with a specialization in securities and financial derivatives. He then also completed a master's program in banking and asset management. He wants to have a hand in covering economic and fintech topics, as well as educate more people about cryptocurrencies and blockchain.

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