ICYMI: as market declines, whales are using the opportunity to add more $BTC, $ETH and $SHIB to their holdings Bitcoin ShibaInu
data, Shiba Inu whales have become more active over the last 24 hours as the number of large transactions rose by 82%. Spikes in large transactions often point to high activity among institutional players, or whales, who are either buying or selling.
The top 100 Shiba Inu holders have likewise increased their portfolios, as WhaleStats reports a 178.87% rise in the average SHIB balance of this category of investor. The average SHIB value of their portfolio has also grown by 180.48%. Both volume and active addresses have grown by 880% and 18.18% over the last 24 hours, demonstrating healthy metrics.A total of $211 million worth of longs were liquidated across the crypto market as Bitcoin suddenly dipped to lows of $38,796 on March 10.
A total of 59,945 traders that were betting on further increases in crypto prices booked losses due to liquidations, data from analytics tool Coinglass shows. The majority of altcoins were recording losses ranging between 2% and 7%, and Bitcoin trades at $39,268 at press time.
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