Shiba Inu's net inflow indicator for large households surged 1,058%
According to U.Today, according to data provided by IntoTheBlock yesterday, Shiba Inu’s large net inflow indicator increased by 1058%, showing significant changes in whale activity in the market. This significant indicator spike could indicate strong buying activity as whales appear to be accumulating SHIB. This huge whale-induced movement could be caused by several factors. Since the price of Meme coins has dropped recently, whales may have had the opportunity to purchase large amounts of SHIB at a discount. This behavior is typical for large traders or whales looking to strengthen their position by taking advantage of market corrections.
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