+1.34 Billion Shiba Inu (SHIB) in 24 Hours: What's Behind the Fresh Volume?

Shiba Inu has traded 1.34 billion SHIB in new volume over the past 24 hours. Following the market-wide flush , volume jumped after more than $1 billion in leveraged positions were wiped out. Most of this trading activity looks like a reaction to the crash: first forced sellers, then dip buyers . The chart supports this observation. SHIB went from $0.00000580 to $0.00000534 in two days, with the heaviest trading volume of the week appearing in a red candle. The price reached a low of $0.00000510 on Thursday and then began to recover.

BeCrypto News shows a short excerpt and links to the publisher. The full report belongs to U.Today.