Net flow dynamics of large Shiba Inu owners

Large Owner Net Flow Decline: According to data from IntoTheBlock, Shiba Inu large owner net flow plummeted a staggering 1,146.68% over the past week. Such a sharp decline can often indicate a decline in positions or sales activity among major SHIB token holders.

Consider the broader context: However, it's important to view this decline in the context of recent broader cryptocurrency market volatility. SHIB, like many other cryptocurrencies, has experienced price fluctuations in recent weeks. Despite rebounding from the low of $0.00002366 on March 20 to reach $0.00003285, SHIB encountered resistance at this level.

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