The cryptocurrency Shiba Inu (SHIB) has experienced a significant surge in large holder net flows, increasing by 1,445%. Whale netflows for SHIB went from 11.04 billion to 799.32 billion in just one day. This increase suggests accumulation by large holders. Additionally, there has been a substantial increase in transaction volumes for SHIB, amounting to $84.28 million in the last 24 hours. Despite minor price movements, Shiba Inu's price has risen by 2.51% in the last 24 hours and is currently trading at $0.0000222. The cryptocurrency's recovery has reached a hurdle at $0.000024, and breaking past this level could lead to testing higher resistances at $0.0000256 and $0.00003. Support is expected at $0.0000185. The future price movement of Shiba Inu may be influenced by the broader cryptocurrency market and investor sentiment.
- Content Editor ( u.today )
- 2024-12-24
Shiba Inu Netflows Skyrocket 1,445%, Bigger Move Coming?