Well, isn’t it simply brilliant? Our beloved dog-themed crypto, Shiba Inu, has decided to raise a ruckus with a staggering 784% leap in a crucial on-chain metric. One must wonder if the whales and institutional investors are throwing a proper canine party over at their wallets! 🐳🎉
According to the ever-watchful eyes at IntoTheBlock, SHIB has enjoyed a 784.8% surge in large holder net flows – in other words, the big players are either piling up SHIB like it’s a clearance sale or strategically reshuffling their cheddar. Honestly, who wouldn’t want to join the pack when there’s all this mischief afoot?
Adding a cherry on top, large holder inflows have also jumped by 315.4%, meaning that funds are streaming into whale addresses like they’re being summoned for a spot of tea (albeit with a twist of crypto madness). ☕🐋
After a rather unpleasant sell-off that left many in a tizzy just a day earlier, SHIB has valiantly returned to the green. At press time, it was impressively up 2.02% in the last 24 hours – a modest yet cheery climb towards $0.00001121, with an intraday peak at $0.00001173. It’s as if Shiba Inu has found its inner Bridget and decided it’s time to bounce back!
Recently, amidst the rollercoaster of the crypto cosmos, SHIB clawed its way out of a rather gloomy predicament, much like that one quirky friend who always seems to pop up just when you think all is lost. Meanwhile, crypto-tracked futures experienced a whopping $1.4 billion in liquidations on Monday – talk about a dramatic exit! Prices plunged as major cryptocurrencies dipped over 20%, turning the market into a veritable circus.
Not to be outdone, Bitcoin performed its own remarkable comeback, nearly reaching $80,000 after a fall below $75,000 on Monday night. This relief rally, albeit slightly as unpredictable as a rom-com twist, helped nudge SHIB up by as much as 6% to offset some of the earlier calamity. Even with this newfound bounce, the overall crypto market cap seems to be nostalgically hanging around levels we last saw in early November of last year.
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2025-04-08 17:09