3 trillion Shiba became the prey of a whale!
After nearly 3 trillion SHIB tokens were moved, market participas seem to be expecting further price increases.
In the last 24 hours, Shiba's price has increased by 67% to $0.00002187 and its trading volume has increased by 350% to nearly 6 billion dollars.
Various technical indicators indicate the possibility of coinued price rise in the future. Also, the data related to the derivative market of this token also confirms this issue.
Shiba's open ierest index increased by 88.03% and the volume of transactions increased by 361.16%, which shows the growth of market activity and capital attraction. The funding rate index has also increased; Because investors are more prepared to participate in buying positions.
All in all, the future of the Shiba Inu looks bright. However, investors should pay atteion to reaching oversaturation conditions and the possibility of price correction.
