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Shiba Inu Whales Start Buying Despite Key Holders Losing Profitability Beincrypto 5 hari yang lalu

Shiba Inu Whales Start Buying Despite Key Holders Losing Profitability 🐋

Shiba Inu

Shiba Inu has experienced a slight rebound, up over 5% in the past 24 hours, largely driven by whale accumulation. However, long-term holders face profitability challenges as the MVRV Long/Short Difference slips to -3%, indicating equal profitability for both long and short-term holders. This situation could lead to uncertainty among investors, possibly limiting SHIB's recovery potential.

Whale accumulation has been significant, with large holders adding 3.5 trillion SHIB, valued at $57 million, helping stabilize SHIB's price. A continued trend could provide some short-term support. However, SHIB must break through a critical resistance level to maintain upward momentum or else remain range-bound.

Despite challenges, reclaiming $0.00001676 as a support level could propel SHIB towards $0.00001961, potentially invalidating the bearish outlook. Investors are watching for continued whale activity or increased selling pressure.

Sumber: beincrypto.com ↗

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