3 trillion Shiba became the prey of a whale!

The price of Shiba Inu (SHIB) has increased by nearly 70% in the last 24 hours, creating optimism among traders and investors in the digital currency market.

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Amidst this price increase, information platform Whale Alert announced that a SHIB whale had collected around 3.02 trillion tokens. This transaction shows the interest and trust of big investors in this digital currency.

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The recent price increase follows a number of improvements in the Shiba ecosystem. These developments include the launch of SHIBoshi NFTs, the imminent launch of the KNINE token, the FETCH Sharbi bridge, etc.

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After nearly 3 trillion SHIB tokens were moved, market participants seem to be expecting further price increases.

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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.

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Various technical indicators indicate the possibility of continued price rise in the future. Also, the data related to the derivative market of this token also confirms this issue.

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Shiba's open interest 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.

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All in all, the future of the Shiba Inu looks bright. However, investors should pay attention to reaching oversaturation conditions and the possibility of price correction.

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