Shiba

Savvy

Shiba Inu

<ul>
 <li>Shiba Inu has experienced a notable increase in large-holder inflows, despite a declining price in the wider crypto market.</li>
 <li>On October 7, whale inflows for SHIB were at 169 billion, and on October 8, they surged to nearly 3 trillion, marking a 1,587% spike.</li>
 <li>Large inflows can indicate accumulation and potential market bottoms as major players buy during dips.</li>
</ul>
<a href="https://thenewscrypto.com/?s=shiba+inu" target="_blank" rel="noopener noreferrer nofollow">Shiba Inu</a> is registering a surprising surge in large-holder inflows even as its price declines amid a wider crypto market selloff. According to on-chain analytics firm <a href="https://app.intotheblock.com/coin/SHIB/deep-dive?group=all&amp;chart=all" target="_blank" rel="noopener noreferrer nofollow">IntoTheBlock</a>, SHIB saw whale inflows explode from 169 billion on October 7 to nearly 3 trillion on October 8—a 1,587% spike.
Large inflows can signal accumulation and potential bottoms as bigger players buy the dip in bulk. This metric rose when SHIB’s price fell around 4%, bucking expectations. Santiment noted high trader loss-taking and mild panic recently, often precursors to capitulation bottoms.
<h2 class="wp-block-heading" id="h-shiba-inu-trades-in-the-red">Shiba Inu trades in the red</h2>
Shiba Inu, trading at $0.0000006898, remains down nearly 4.2% in 24 hours amid bearish sentiment. But its network activity hints at the potential for a bullish reversal.
Crypto’s inherent volatility means bear markets do not last forever. If SHIB can reclaim key moving averages around $0.0000075 and $0.0000086, it may confirm a comeback.
For now, whales appear to be positioning amidst the sell-off. Their inflow spike offers a silver lining as overall markets feel pressure. If crypto stages a relief rally, SHIB could already be primed for outsized gains.
As usual in crypto, price and on-chain data diverge in interpreting market bottoms. But the surprising whale activity provides nuance to SHIB’s bearish price action. Savvy traders should watch for confirmation of accumulation kicking off a recovery.

Shiba Inu Sees Surprise Whale Inflow Spike Amid Crypto Selloff

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