These shib ads are funny. Every month they say it will rise and it has only been falling for 9 months. If you join now, I will lose less than those who entered yesterday, the day before yesterday, and will...
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Bearish$SHIB
📊 Shiba Inu Whales Drive SHIB Dump 📊
Blockchain analytics data from IntoTheBlock show that whale wallets have been offloading SHIB at an alarming rate in recent days. The Large Holder Netflow, an indicator tracking the net change in whale holdings, has plunged by a negative 736.46% in the past seven days and is down by negative 125.06% over the past 30 days. In simple terms, this means whales sent out far more SHIB than they brought in, a clear sign of heavy selling.
Related Reading: Shiba Inu Large Transaction Volumes Spike Over 150% In 4 Days, Are The Whales Back?
For context, the image below shows the Large Holder Netflow from IntoTheBlock. The blue tracker shows the steep plunge into negative netflow in early March, indicating whales offloaded large amounts of SHIB as the price (black) dipped. Such negative netflows indicate that major holders are actively reducing their positions, dumping billions of SHIB onto the market and increasing selling pressure.
Furthermore, addresses holding SHIB tokens worth between $1 million and $10 million have seen their balance decline by 31.31% in the past 24 hours, while those holding tokens worth over $10 million have seen their balance drop by 27.99%.
#shib #USStocksPlunge #MtGoxTransfers #ETHWhaleLiquidation #MarketPullback
📊 Shiba Inu Whales Drive SHIB Dump 📊
Blockchain analytics data from IntoTheBlock show that whale wallets have been offloading SHIB at an alarming rate in recent days. The Large Holder Netflow, an indicator tracking the net change in whale holdings, has plunged by a negative 736.46% in the past seven days and is down by negative 125.06% over the past 30 days. In simple terms, this means whales sent out far more SHIB than they brought in, a clear sign of heavy selling.
Related Reading: Shiba Inu Large Transaction Volumes Spike Over 150% In 4 Days, Are The Whales Back?
For context, the image below shows the Large Holder Netflow from IntoTheBlock. The blue tracker shows the steep plunge into negative netflow in early March, indicating whales offloaded large amounts of SHIB as the price (black) dipped. Such negative netflows indicate that major holders are actively reducing their positions, dumping billions of SHIB onto the market and increasing selling pressure.
Furthermore, addresses holding SHIB tokens worth between $1 million and $10 million have seen their balance decline by 31.31% in the past 24 hours, while those holding tokens worth over $10 million have seen their balance drop by 27.99%.
#shib #USStocksPlunge #MtGoxTransfers #ETHWhaleLiquidation #MarketPullback
Disclaimer: Includes third-party opinions. No advice. Binance AI may be used without guarantee. See T&Cs.