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Shiba Inu (SHIB): 625% Skyrocket Hints at Price Recovery

2025-07-05 11:54:48

Shiba Inu (SHIB): 625% Skyrocket Hints at Price Recovery

Main Idea

Shiba Inu (SHIB) experienced a significant 764% surge in netflow for large holders over seven days, indicating potential price recovery and accumulation by key investors.

Key Points

1. SHIB's netflow for large holders surged by 764% in seven days, with a 30-day change of +83%.

2. The accumulation by key investors suggests a potential price recovery for SHIB.

3. SHIB's price action and underlying network signals show a notable discrepancy, making its current movement remarkable.

4. If SHIB regains the 50 EMA level, it could signal further upward momentum.

5. The surge in netflow is more than just a short-term spike, hinting at broader market interest in SHIB.

Description

Shiba Inu saw substantial move upward, supported by solid on-chain growth

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