Overview

Click to expand overview
The average SHIB holding period has increased by 30%, signaling stronger long-term investment confidence. Positive indicators like the Chaikin Money Flow and Balance With a market capitalization of $4.4 trillion, Shiba Inu is currently 18th in the rankings. However, in terms The SHIB price rallied back to $0. on Thursday, a 12% jump on the day, taking the meme coin to nearly 40% above its early April lows. Despite recent price From mid-June’s 45 trillion tokens, traders now hold only 25 trillion SHIB. This likely meant that they are selling. Contrarily, even though the number of holders and cruisers Shiba Inu (SHIB) investors are demonstrating increasing confidence, as reflected in a notable shift in their behavior. As prices of many assets plummet, Shiba Inu SHIB's holding time surged by 31% in the past week, indicating reduced selling pressure and possible price recovery. Large SHIB transactions have increased by over

Shiba Inu Investors Show Long-Term Faith: Holding SHIB for 200 Days on Coinbase

Shiba Inu (SHIB) investors are demonstrating increasing confidence, as reflected in a notable shift in their behavior. Many are holding their SHIB for extended periods, particularly on platforms like Coinbase. A significant number of investors are now holding SHIB for an average of 200 days. This trend suggests a growing belief in the long-term potential of the meme coin.

The average SHIB holding period has increased by 30%, signaling stronger long-term investment confidence. SHIB\'s holding time surged by 31% in the past week, indicating reduced selling pressure and possible price recovery. Despite recent price fluctuations, investors appear to be weathering the storm.

This increased holding period is a key indicator. While some data suggests selling pressure – From mid-June’s 45 trillion tokens, traders now hold only 25 trillion SHIB. This likely meant that they are selling. – other metrics paint a more optimistic picture. Large SHIB transactions have increased by over, indicating significant activity amongst larger holders, which could be interpreted as accumulation rather than distribution.

The SHIB price rallied back to $0. on Thursday, a 12% jump on the day, taking the meme coin to nearly 40% above its early April lows. This price recovery may be contributing to the increased holding period, as investors see potential for further gains.

Positive indicators like the Chaikin Money Flow and Balance With a market capitalization of $4.4 trillion, Shiba Inu is currently 18th in the rankings. However, in terms, the long-term commitment of SHIB holders is a powerful signal. Even though the number of holders and cruisers remains a factor, the increasing holding time points to a growing maturity within the SHIB investor community. As prices of many assets plummet, Shiba Inu investors are showing resilience.

This data suggests that the "diamond hands" are prevalent among Shiba Inu investors, especially those using Coinbase. Monitoring these trends will be crucial for understanding the future direction of SHIB\'s price and overall market sentiment.

Top Sources

Related Articles