Large crypto market investors bought more than 6.4 trillion Shiba Inu tokens during the course of the last week, according to the crypto intelligence portal IntoTheBlock. The most busy day saw 1.39 trillion SHIB tokens bought on Wednesday. There are now 124 significant buyers’ addresses in Shiba Inu. This figure takes into account all of the addresses that participated in at least 1% of Shiba Inu’s overall trading volume.
But despite what the first paragraph might imply, life around Shiba Inu is not exactly tranquil. It is estimated that major participants sold 6.5 trillion SHIB tokens, which is 100 billion more than was purchased. Additionally, there are 149 addresses for such large sellers.
The SHIB price is now showing a 1% fall towards the conclusion of the week, which is not very noteworthy. It’s crucial to remember that the weekly extremes were set at 5% from the starting price on both the down and up side.
In light of this, it can be said that the token price was not significantly affected by the bears’ 100 billion SHIB performance advantage over bulls. Shiba Inu’s week was chaotic, just like it was for the whole cryptocurrency market. At various points during trade, the initiative changed from sellers to buyers and back again.
