The post Shiba Inu Witnesses 625% Surge In Large Holder Inflows! appeared first on Coinpedia Fintech News
Shiba Inu has experienced a staggering 625% surge in large holder inflows, signaling a wave of bullish sentiment among large players. Large Holders Inflow tracks the funds going into whale-owned addresses and may indicate significant buying activity. This might be because many of these addresses buy on centralized exchanges and transfer their purchases to cold storage. A surge in large holder inflows can also indicate price bottoms since these addresses prefer to buy in bulk after significant drops. Shiba Inu netflows also went up 2,393% in the same time frame.
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