Shiba

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Shiba Inu

<ul> 
 <li>Shiba Inu witnesses a significant surge in large holders’ net flow, indicating whale accumulation.</li> 
 <li>SHIB experienced a price decline over 48 hours amidst bearish sentiment in the broader <a href="https://cryptonewsland.com/massive-liquidity-approaching-crypto/">crypto market</a> influenced by inflation concerns.</li> 
 <li>Key price support for Shiba Inu is identified between $0.000026 and $0.000033.</li> 
</ul> 
Shiba Inu (SHIB) is currently witnessing a notable surge in the activity of its large holders, indicating significant movements among whales and investors. Notably, this increase in large holders’ net flows has coincided with a recent decline in the price of Shiba Inu. 
There is a remarkable 602% spike in the net flows of large holders within the <a href="https://app.intotheblock.com/coin/SHIB">Shiba Inu</a> ecosystem, suggesting substantial activity among whales in acquiring tokens. This uptick in activity aligns with a recent downturn in the price of Shiba Inu. This downturn follows a broader market dip prompted by concerns over inflation and its potential impact on Federal Reserve policy. 
At present, Shiba Inu is trading down 6.20% over the last 24 hours, with its price resting at $0.00002722, marking a continued decline from its recent highs observed on March 15th. The cryptocurrency has been steadily retreating from its peak of $0.000045 reached on March 5th, entering into a phase of range-bound trading. 
Key price levels for Shiba Inu to maintain include the range between $0.000026 and $0.000033, where a significant volume of tokens has been accumulated by a substantial number of addresses. However, below this range, support appears relatively sparse, with minimal token accumulation noted. The strongest support levels for Shiba Inu lie within the range of $0.000008 to $0.000014, where a considerable volume of tokens has been amassed by a large number of addresses. 
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The post <a href="https://cryptonewsland.com/shiba-inu-whales-on-the-move-surge-in-large-holders-signals-price-shift/">Shiba Inu Whales on the Move: Surge in Large Holders Signals Price Shift</a> appeared first on <a href="https://cryptonewsland.com">Crypto News Land</a>.

Shiba Inu Whales on the Move: Surge in Large Holders Signals Price Shift

Crypto News Land

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