Shiba Inu has been going against the bearish trend recently, especially with the increased adoption of the Shibarium Layer 2 network. This time around, it is large holders who are driving the bullish return. Specifically, these large holders have increased their positive net flows by more than 10x. Shiba Inu Large Holder Netflow Jumps 1079% According to the on-chain data tracker IntoTheBlock, the Shiba Inu large holder net flow has seen a significant rise. These large wallets saw their net flow ( the total difference between inflows and outflows) rise an outstanding 1079% starting from December 10. Related Reading: Crypto Analyst Predicts Cardano Price Will Rise 6000% To $33, Here’s The Timeline In total, the net flow of these large wallets came out to a whopping 4.68 trillion SHIB. Now, this is important when placed in comparison to the numbers from the previous days which the tracker shows to be just under the 287 billion SHIB mark. A logical explanation for this massive uptick in net flows is that these whales are looking to take advantage of the low SHIB prices. On December 10, th ..
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