Shiba Inu has witnessed a notable 13.61% increase in trading volume over the past 24 hours, signaling possible market volatility that could lead to price changes. Such fluctuations occur when there's a mix of retail investor interest and actions by major stakeholders or whales.
Whale activity, in particular, raises potential concerns for SHIB's value, as these large players possess the power to significantly sway the market. Their actions might counter retail investors' efforts, leading to unexpected shifts in SHIB's trajectory.
Considering the existing dynamics between retail buyers and whale sellers, the cryptocurrency faces mounting pressure. Stakeholders are keenly observing these interactions to anticipate the next price movement in the volatile cryptocurrency landscape.
