Shiba Inu (SHIB) Price Surges 12% Amid Cautious Whale Activity

SHIB price has been on the move recently, with a sharp rise in its 7-day MVRV ratio indicating that many holders are in profit. Whale activity has been cautious, with only modest accumulation, which could limit further price gains. Although SHIB’s EMA lines are bullish, with a golden cross forming, the token faces strong resistance ahead. These factors together suggest that SHIB’s... source: https://beincrypto.com/shib-price-surges-whale-hesitation/