Shiba Inu (SHIB) Inflows See Jaw-dropping 2,200% Spike, Here's Why

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Shiba Inu (SHIB) Inflows See Jaw-dropping 2,200% Spike, Here's Why
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Shiba Inu (SHIB) whale inflows up staggering 2,200%, what's going on? SHIB $SHIB ShibArmy SHIBCommunity

is currently experiencing a price drop due to profit-taking. After a massive spike on Aug. 5 to highs of $0.0000105, Shiba Inu witnessed a price drop as investors took gains.spotted massive movement in SHIB tokens in the last 24 hours.A single transaction saw 4,382,252,578,938 SHIB tokens worth $40,064,744 between wallets. Another 4,412,252,578,938 SHIB tokens worth $40,672,144 moved between wallets.The Large Holders Netflow indicator shows how whales and investors' positions have changed.

Netflows fell by -3,354% in the last seven days as whales cut their positions, whereas this increased by 3,172% in the last 30 days.

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