Whales Are Hoarding Shiba Inu Again: $0.0001 May Be Closer Than You Think
Shiba Inu (SHIB) is experiencing a surge in whale inflows. Whale capital has risen by 643% over the last 30 days. The surge in whale money coincides with SHIB’s latest price rally. The popular cryptocurrency is up 4.5% in the daily charts, 29.5% in the weekly charts, 21.3% in the 14-day charts, and 36.3% over the previous month. Despite the upswing, SHIB’s price has fallen 25.8% since May 2024. Also Read: United States Cuts Tariffs on Chinese Goods From 145% to 30% for 90 Days Source: CoinGecko Shiba Inu Follows Market Resurgence Source: Watcher Guru SHIB’s latest rally comes amid a bullish breakout for the cryptocurrency market. Bitcoin (BTC) is testing the $105,000 mark. The original crypto could be on its way to a new all-time high. According to the data from IntoTheBlock, the number of SHIB holders in profit has risen by 6.81%. A total of 45% of SHIB holders are currently in the money. Despite the recent turnaround, 51% of SHIB holders are still in the red. Also Re...