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Shiba Inu (SHIB) Records Increased Whale Activity, Surge Incoming

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Release: 2024-08-17 00:41:11
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Recent data from IntoTheBlock has revealed a substantial increase in large Shiba Inu (SHIB) transactions, indicating heightened whale activity.

Shiba Inu (SHIB) Records Increased Whale Activity, Surge Incoming

Recent data from IntoTheBlock has shown a substantial increase in large Shiba Inu (SHIB) transactions, indicating heightened whale activity. While such movements often precede price surges, analysts maintain a cautious outlook. In response to this, investors are turning to projects like ETFSwap (ETFS). This platform offers the potential for substantial returns, with analysts predicting a nearly 4,000% increase in value for early investors.

Shiba Inu (SHIB) Records Increased Whale Activity, Surge Incoming

According to data provided by IntoTheBlock, the Large Transactions Volume metric for Shiba Inu (SHIB) has surged from 326.98 billion SHIB to 781.4 billion SHIB over the past 24 hours. It is worth noting that only transactions exceeding $100,000 were considered in this analysis, with 45 such transactions occurring during this 24 hour time frame.

Translating this data into dollar values, the transaction volume of large holders has jumped from $4.61 million to $10.47 million over the past day. This spike in activity clearly indicates increased interest from the largest investors in the market, for Shiba Inu token. U.Today also reported on this phenomenon yesterday August 12, when the price and volume of Shiba Inu skyrocketed by 5% in a short period, driven by heightened buying pressure.

Analysts anticipate a potential price surge for Shiba Inu in the coming days if the current trend of increased whale activity persists. According to CoinMarketCap, at the time of this writing, Shiba Inu is trading at a price of $0.0000138. The token has already experienced a 4.3% price increase, breaking above the $0.000014 resistance level, potentially indicating the start of a broader upward trend.

ETFSwap (ETFS): Revolutionizing ETF Trading With First Class Features

Meanwhile, ETFSwap (ETFS) is emerging as a pioneer in the crypto and trading landscape, offering unmatched capabilities. Through partnerships with MiCa-compliant regulated investment banks, ETFSwap (ETFS) provides decentralized access to the global ETF market. This initiative enables users to trade cryptocurrencies and ETFs simultaneously, presenting boundless opportunities for profit generation.

By harnessing the Ethereum network, ETFSwap (ETFS) combines the strengths of DeFi with a user-friendly interface, presenting a compelling proposition that surpasses traditional ETF trading platforms.

These strengths include rapid ETF settlements for all users, crypto-to-ETF swaps, opportunities for staking and lending, 24/7 trading, no KYC requirements, and reduced trading costs.

Furthermore, ETFSwap (ETFS) provides an excellent passive income source for its over 25,000 daily active users who can purchase and stake the native ETFS token, earning up to 87% in annual percentage yields (APY) from expandable liquidity pools that ensure optimal liquidity. ETFSwap (ETFS) also features advanced AI trading tools, including the ETF Filter, ETF Finder, and ETF Tracker, which further enhance the user experience.

Don’t Miss Your Chance To Be a Crypto Millionaire, Join ETFSwap (ETFS)

In conclusion, while Shiba Inu (SHIB) is experiencing heightened whale activity, ETFSwap (ETFS) has garnered even greater attention with its innovative platform and increasing presale figures. The presale has achieved a significant milestone, selling over 400 million tokens and generating $4 million in revenue.

With the presale nearing its end, early investors have a unique opportunity to acquire ETFS tokens at the current price of $0.01831 before prices potentially skyrocket.

For more information about the ETFS Presale:

Visit ETFSwap Presale

Join The ETFSwap Community

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