Shiba Inu (SHIB) has seen a massive surge in large holders’ inflows in the last seven days. Data from IntoTheBlock shows that the inflows from large holders jumped by more than 2,200%, signifying remarkable growth in recent times.
Impact of Shiba Inu Whale Buyup
Usually, the large holders’ inflow metric is used to monitor the activities taking place within the wallet addresses of whales or institutional investors on a weekly, monthly, or yearly basis.
Whenever there is an increase in the inflows from such significant holders, it could be an indication of a market bottom as whales are known to engage in huge buys when there is a remarkable price decline.
On the other hand, it could just mean that there are strong buying activities taking place, as driven by unknown factors. As it is known, many of these investors purchase their crypto holdings from centralized exchanges after which they transfer them to cold storage pending when the triggering fundamentals will mature.
Either of the

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