Shiba Inu Whales Revive With 1,448% Surge in Netflows: Details
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On-chain data reveals a significant increase in Shiba Inu whale transactions, with large holder netflows rising 1,448% and transaction volumes spiking 197.15% in the last 24 hours. This suggests potential accumulation and possible bullish momentum for the cryptocurrency.
March 21, 2025 | 3:00 pm
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Significant increase in whale transactions and netflows could indicate potential price movement for SHIB, with accumulation suggesting possible upward momentum.
The massive increase in large holder netflows and transaction volumes suggests whale accumulation, which historically can precede price appreciation. Current price is below key moving averages, but sustained whale interest could drive upward momentum.
CONFIDENCE 75
IMPORTANCE 85
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