So, guess what? The beloved meme coin Shiba Inu decided to bounce up to a 15-day high yesterday, causing a flurry of activity from the long-term holders (LTHs). Yep, those patient souls who’ve been clutching their coins like a security blanket are suddenly remembering they own something worth… something!
Data from the mysterious realm of on-chain analytics reveals that the movement of these seasoned investors hit a whopping three-month peak, suggesting they’re finally cashing in on the recent surge. Because who doesn’t love a little crypto spring cleaning?
SHIB Long-Term Holders Suddenly Awake, Start Moving Their Coins
When SHIB made that cheeky jump during Tuesday’s trading session, the long-term holders sprang into action, moving their once-dormant tokens around like kids scrambling for the last slice of pizza. This is seen in the surge of the “age-consumed” metric, which-fancy term alert-measures how old coins suddenly decide to get active.
According to Santiment (our crypto crystal ball), this number hit a three-month high of 2715.48 trillion yesterday. That’s trillion with a T. Impressive, right? Or terrifying, depending on how much SHIB you own.
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This metric is kind of a big deal because long-term holders are usually as chill as a yoga instructor on a beach vacation. When they suddenly start moving coins, especially with a price spike involved, it’s like they’re whispering, “Something’s up, folks.”
So when you see these spikes during a rally, it usually means those loyal holders are getting cold feet and offloading coins-which could definitely crank up the market’s selling pressure. Drama! 📉
Oh, and here’s a plot twist: SHIB is showing a stubbornly negative Price-Daily Active Addresses (DAA) divergence. Basically, the network action isn’t keeping pace with the price hype. It’s like your cool party guest who stays glued to their phone while everyone else dances.
At press time, this little on-chain factoid is sitting at -62.63-meaning user engagement is about as enthusiastic as a cat at bath time.
Translation for SHIB fans: the recent rally might be a bit as fragile as your new phone screen after that one clumsy drop. Without matching network activity, the token could face some short-term frowns as those long-term holders start making exit moves.
Shrugs & Stares: SHIB’s Price Holding Steady But Bears Are Eyeing the Buffet
Right now, SHIB is trading at $0.00001294, bravely hanging on above support at $0.00001187. But beware: if the LTH selloff frenzy continues, this support could crack and SHIB might tumble down to $0.00001004 faster than you can say “to the moon.” 🌙🚀
However, if demand decides to play nice and SHIB’s momentum gets a second wind, we could see it rally to a delightful $0.00001408. Fingers crossed! 🤞
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2025-09-10 14:42