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.

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.

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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Beginning

After nearly 3 trillion SHIB tokens were moved, market participants 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 continued price rise in the future. Also, the data related to the derivative market of this token also confirms this issue.

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.

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.