🚨 SHIB’s Dirty Little Secret 🐕

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As I strolled through the verdant fields of cryptocurrency, I chanced upon a most peculiar sight – the Shiba Inu (SHIB) addresses, laid bare in all their glory by the discerning folks at IntoTheBlock. And what did I behold? A staggering 84.94% of these addresses, much like a lovelorn heart, were “out of the money,” their average purchase price now but a distant, unattainable memory, eclipsed by the current, more austere price. 🙄

This metric, a reflection of the holders’ fortunes (or lack thereof), revealed a more nuanced tapestry: 10.61% of addresses basked in the warm glow of profitability, while a meager 4.45% broke even, no doubt breathing a collective sigh of relief. 🤦‍♂️

And yet, amidst this sea of red, a tantalizing tidbit emerged: a whopping 836.25 trillion SHIB remained in profit at current prices, a testament to the market’s mercurial nature – as changeable as a Russian spring. 🌫️

As I pen these words, Shiba Inu (SHIB) teeters at $0.00001273, its daily increase a modest 0.77%, a gentle zephyr rustling the leaves of the market. Its market cap, a sturdy $7.50 billion, ensures its position among the top meme coins, a veritable “Who’s Who” of cryptocurrency. 📚

The 24-hour trading volume, now $121.53 million, has swelled by 14.50%, hinting at increased market participation – the players, it seems, are returning to the grand ball. 🕺

With an FDV of $7.5 billion, SHIB’s valuation aligns with its circulating supply, a symphony of stability in an otherwise capricious world. The volume-to-market cap ratio, a moderate 1.62%, whispers tales of liquidity, while growing volume suggests the market’s abiding interest in SHIB’s long-term prospects – a love letter, of sorts. ❤️

And, as the pièce de résistance, IntoTheBlock data reveals Shiba Inu’s large holders’ net flows have skyrocketed a staggering 1,448% this week – the SHIB whales, it appears, have returned to the fray, their presence as unmistakable as a Tolstoy novel. 🐳

After a period of dormancy, SHIB large holders’ inflows began their ascent from 189.81 billion SHIB on March 17, culminating in the most recent, and largest, spike – a true tour de force. 🚀

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2025-03-22 15:44