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