Shiba Inu (SHIB) has experienced a jaw-dropping surge in large holders’ inflow, according to data from IntoTheBlock. Over the course of the last seven days, the large holders’ inflow metric has skyrocketed by a remarkable 2,210%. This significant increase in funds flowing into addresses owned by whales or major holders could have potential implications for the market.
The surge in large holder inflows could be indicative of two possible scenarios. Firstly, it might signal a market bottom, as major addresses or whales tend to make bulk purchases after significant price declines. Secondly, the notable increase could indicate robust buying activity, as many of these addresses purchase SHIB on centralized exchanges and subsequently transfer their holdings to cold storage.
Shiba Inu surge followed by drop in price
The timing of this surge in large holder inflows aligns with SHIB’s recent price drop, attributed to profit-taking by investors. On August 5, SHIB experienced a massive spi
We współpracy z: https://thenewscrypto.com/shiba-inu-shib-sees-remarkable-2200-rise-in-inflows-whats-behind-the-surge/
