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Shiba Inu Capitulation Crisis Avoided: On-Chain Data Signals Market Floor

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Shiba Inu breakout

The recent severe market correction that impacted Shiba Inu (SHIB) appears to have stopped short of a full-blown catastrophe, according to key on-chain metrics. Analysis of investor behavior indicates that the period of intense selling pressure, primarily driven by Short-Term Holders (STHs), has peaked, suggesting that the most vulnerable supply has been cleared from the …

The post Shiba Inu Capitulation Crisis Avoided: On-Chain Data Signals Market Floor appeared first on Cryptoknowmics-Crypto News and Media Platform.

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bearish:

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