I just noticed an interesting signal with Shiba Inu coin. A well-known creator recently cleared out their SHIB holdings, which has sparked quite a bit of discussion in the market. Looking at the current data, the market sentiment for Shiba Inu is clearly bearish, with a 50% bearish ratio. There are also over 1.58 million addresses holding the coin, but the actions of large holders do indeed influence overall liquidity. The recent price fluctuations of Shiba Inu seem to reflect the market's sensitivity to large holdings. Some are tracking these signals, while others believe this is just normal position adjustment. Anyway, the future direction of Shiba Inu's price is still worth monitoring.

SHIB-0.44%
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