Shiba Inu
Why Shiba Inu is up 1.0% in the last hour
Analysis
Shiba Inu (SHIB) ticked up about 1.0% over the past hour as sentiment appeared supported by reports that large holders (“whales”) have been holding rather than selling into a recent rally. U.Today noted that SHIB whales “refuse to sell” following a 16% move, which can reduce near-term sell pressure and help prices drift higher.
Contributing Factors (1)
Shiba Inu (SHIB) Whales Refuse to Sell 16% Rally
Shiba Inu coin whales withdraw billions of SHIB to personal wallets, refusing to take profit despite the token's recent 16% rally.
Move Details
Explanation Confidence
High confidence in the explanation based on source reliability and timing.