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Shiba Inu Sees Unusual Spike in Large Transactions Despite Volume Drop

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Shiba Inu (SHIB) has witnessed an unusual on-chain activity, particularly in high-value transactions. Data from IntoTheBlock reveals that the number of transactions exceeding $100,000 rose from 33 to 42 within 24 hours. This surge represents an increase of about $900,000 in transaction volume, signaling active market participation. Volume Decline Amid Transaction Surge Despite the growth …

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