Dog-themed cryptocurrency Shiba Inu (CRYPTO: SHIB) has seen a massive 643% increase in large holder netflows.
What Happened: According to data from IntoTheBlock, this surge indicates a bullish shift among the large holders or ‘whales’ of Shiba Inu. A rise in large holder netflows typically signifies accumulation from these whales, which remains a positive sign.
This surge comes at a crucial time for Shiba Inu as it faces a significant test in its market momentum. The cryptocurrency is currently testing …