🚨🚦Loose SHIB Drops 15.9% Despite Large Holder Activity 🐕
📉 SHIB's price plummeted 15.9% monthly, despite a 1,115% surge in large holder netflow 📊.
🤔 What's behind this discrepancy?
💸 Large holders reducing their stake, possibly due to:
📈 Profit-taking
📊 Breaking even
📊 Additionally, the general crypto market is facing a downturn 📉, with most major-cap altcoins hitting their monthly lows.
📊 Key factors contributing to SHIB's price drop:
📈 Large holder netflow surge
📉 Profit-taking and breaking even
📊 General crypto market downturn
📊 Bearish market sentiment
👀 Despite increased large holder activity, SHIB's market performance remains in a downtrend 📉.
🔍 What's next for SHIB?
📊 Will large holders continue to reduce their stake?
📈 Can SHIB recover from this price drop?
📊 Stay tuned for more updates on SHIB's market performance!
