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Shiba Inu's Shibarium Hits New Record But SHIB Whales Are Exiting – What's Happening?

Published by bitcoinist.com on 21 hours ago

Shiba Inu's Shibarium Hits New Record But SHIB Whales Are Exiting – What's Happening?

Shiba Inu is facing a crossroads with two interesting metrics from within its ecosystem.

On one side, its layer-2 blockchain Shibarium has just crossed an impressive transactional milestone that points to long-term growth.

But on the other side, recent on-chain data suggests that large holders, which are often seen as the backbone of market confidence, are showing signs of concern.

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