Shiba Inu Whale Holdings Explode 3,000% as SHIB Eyes 300% Rally Like 2023
Main Idea
Shiba Inu (SHIB) whale activity has surged by 3,000% in the past month, with a significant increase in netflows and buying spree, potentially signaling a bullish trend similar to its 2023 rally.
Key Points
1. SHIB whale activity has surged by 3,000% in the past month, with holdings now representing 1% of SHIB’s supply.
2. The monthly whale netflows reached 1.81 trillion SHIB, with a 422% daily increase in buying activity.
3. Shiba Inu aims to replicate its 2023 rally, where it surged 300% to $0.0000456, potentially targeting a 240% surge from its current price of $0.0000134.
4. If the bullish pattern repeats, SHIB could reach its March 2024 high of $0.0000456.
Description
Shiba Inu (SHIB) whale activity has been going through the roof, signalling heightened accumulation.
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