Shiba Inu Whale Inflows Surge Over 600%, Suggesting Potential Shift in Market Dynamics
Main Idea
Shiba Inu whale inflows surged by 604% within 24 hours, indicating significant accumulation near the $0.000012 price level, which could signal a potential price shift.
Key Points
1. Whale inflows jumped from 70.34 billion to 425.54 billion SHIB in one day.
2. SHIB price stabilized around $0.000012 despite increased accumulation by major holders.
3. The $0.0000118 to $0.0000126 price range is critical as a short-term base for SHIB, with historical significance for potential breakout or reversal.
4. A breakout past $0.0000135 could confirm bullish momentum, while monitoring inflow and outflow patterns is crucial for anticipating SHIB’s next move.
5. The surge in whale inflows suggests strong buying interest, which may lead to upward momentum if sustained.
Description
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