Robinhood Goes Shiba Crazy, Buys 230 Billion SHIB In 24 Hours – Here’s The Scoop
2024年1月18日 - 6:31PM
NEWSBTC
On the widely-used trading platform Robinhood, Shiba Inu,
frequently hailed as the “Dogecoin slayer,” has sparked a surge of
enthusiasm within the cryptocurrency realm. In a remarkable turn of
events, Robinhood amassed a staggering 231 billion tokens within a
mere 24 hours, boldly proclaiming its presence in the crypto arena.
This surge in popularity, according to crypto enthusiast Lola in
her latest analysis, has catapulted SHIB to the coveted third
position on Robinhood’s crypto podium, leaving established players
like Litecoin and XRP trailing in its wake. Related Reading: Will X
Unleash The Doge? Platform Users Eager To Embrace The Meme Coin
Robinhood Stuffs More SHIB To Its Cart The Robinhood platform is
not the sole arena where Shiba’s charm is proving irresistible.
Based on insights from the crypto intelligence firm Arkham, in
alignment with Lola’s observations, Robinhood’s SHIB holdings have
expanded significantly to a jaw-dropping 36.684 trillion tokens,
with an estimated value of approximately $350 million. My
#Robinhood Tweet yesterday shows 36.454 Trillion #SHIB by Robinhood
from data provided by Arkham and now in less than 24 hours , they
have 36.684 Trillion $SHIB . 231 Billion Shiba INU added on that
exchange They are accumulating while #TRADEFI accumulating
#Bitcoin… — Lola (@CryptoLollla) January 17, 2024 This data,
coupled with information from IntoTheBlock, paints a vivid picture
of a full-blown Shiba stampede that is reshaping the crypto
landscape. Whales, considered the apex predators in the vast ocean
of cryptocurrencies, seem to have fallen head over flippers for the
meme coin. IntoTheBlock’s metric tracking “Large Holders Netflow”
has recorded an astonishing spike of 1,542%, indicating a
substantial accumulation of SHIB by these influential market
players. Related Reading: Shibarium Shatters Records: 2 Million
Transactions In A Day – Details Whale Appetite Soars This whale
enthusiasm extends to a remarkable 181% surge in “Large Holder
Inflow” and a staggering 551% increase in the “Whale Activity
Index.” The collective movement of these whales resembles a
synchronized swimming routine of the crypto elite, all with their
synchronized wallets pointed towards SHIB. Fresh whale wallets
accumulated $SHIB, #BIGTIME, $MKR and $RNDR today! 0xF633 withdrew
1.44T $SHIB($13.36M) and 3M #BIGTIME($1.2M) from #Binance and
#Gateio in the past 2 days.https://t.co/OkHSaNTFV9 0xAdf5 withdrew
1,075 $MKR($1.9M) from #Binance 4 hours ago.…
pic.twitter.com/b83nvDsP8g — Lookonchain (@lookonchain) January 9,
2024 The feeding frenzy intensifies with the emergence of a new
Shiba whale, devouring a substantial 1.44 trillion tokens. SHIBUSD
currently trading at $0.00000955 on the daily chart:
TradingView.com The Robinhood-Shiba rendezvous and the orchestrated
dance of the whales suggest a potential boom for the canine coin.
Yet, the sustainability of this upward climb remains uncertain.
Shiba Inu, with the backing of Robinhood, Arkham, and the
formidable whales, is no longer merely chasing Dogecoin’s tail. It
is emphatically staking its claim on the crypto landscape,
capturing the attention of the entire world. Will Shiba Inu
continue its upward climb? Only time will reveal the answer.
Nevertheless, in the unpredictable realm of crypto, this underdog
has undeniably earned its place at the table and is unafraid to
bare its teeth in the face of potential growth and challenges
alike. Featured image from Shutterstock
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