🚹🚩Loose SHIB Drops 15.9% Despite Large Holder Activity 🐕

$SHIB

📉 SHIB's price plummeted 15.9% monthly, despite a 1,115% surge in large holder netflow 📊.

đŸ€” 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!