🐕📈 **Shiba Inu Witnessing Surge in Whale Activity!**
🚀 **Significant Increase in Large Holder Netflow**:
- Shiba Inu (SHIB) experiences a staggering 1,058% surge in large holder netflow.
- Indicative of a major shift in whale activity within the market.
🐋 **Whales Accumulating SHIB**:
- Accumulation trend observed among large holders, or 'whales,' suggesting strong buying activity.
- Large holder netflow metric from IntoTheBlock provides valuable insights into whale positions.
💼 **Factors Driving Whale Activity**:
- Recent price dip in SHIB likely provided buying opportunity for whales.
- Whales capitalize on market corrections to strengthen their positions.
💰 **Current Price and Market Trends**:
- SHIB down 2.03% in the last 24 hours, trading at $0.00002683.
- Weekly performance shows a 14% decrease as investors book profits.
📊 **Growing Interest in Meme Coins**:
- On-chain analytics reveal influx of new traders purchasing meme coins.
- Record high number of addresses holding meme coins for less than 30 days.
- Shiba Inu nearing four million total addresses, signaling increasing adoption.
🔍 Keep an eye on Shiba Inu as whale activity and market dynamics continue to evolve! 📈👀
