Shiba Inu Hits 15-Day High, Triggers Sell-Off From Long-Term Holders

Popular meme coin Shiba Inu surged to a 15-day high yesterday, sparking renewed activity among long-term holders (LTHs).   On-chain data shows that a key metric tracking the movement of this investor cohort spiked to a three-month high, signaling that seasoned investors are likely moving coins to cash in on the recent rally.   SHIB Long-Term Holders Move Dormant Tokens SHIB’s brief rally to a 15-day high during Tuesday’s trading session prompted its long-term holders to move their previously dormant tokens around. This is reflected in the surge in the token’s age-consumed metric, which measures the movement of long-held coins source: https://beincrypto.com/shib-price-spikes-but-long-term-holders-sell/