Shiba Inu$SHIB Investors Are Unsettled
Over the past 24 hours, the on-chain Age Consumed metric for Shiba Inu has jumped to its highest level since March. This is a key metric for tracking the movement of coins held for long periods of time. This surge in activity indicates the largest movement of SHIB tokens held by LTH in the last eight months. This category of investors is usually the guarantor of market stability. However, this time, they moved their tokens more actively than usual.
This increased activity among long-term holders indicates uncertainty, and many investors may reconsider their HODLing strategies. Such movements are usually seen as a bearish signal, indicating that LTH is no longer so confident in the coin’s short-term prospects.This increased activity among long-term holders signals uncertainty. This is usually seen as a bearish signal, indicating that LTH is no longer so confident in the coin’s short-term prospects. Following them, many investors may also reconsider their hodling strategies.$CLV $PNUT