The dog-themed cryptocurrency Shiba Inu has witnessed a significant surge in a crucial on-chain metric as the year 2025 begins. This metric may signal increased activity among large investors.
Growth in Key Metric
According to IntoTheBlock, Shiba Inu's large holder netflows have soared by 1079%. By January 4, the metric improved from a negative 177.74 billion SHIB to a positive 67.52 billion SHIB, possibly indicating substantial accumulation by 'whales'.
Upcoming Shiba Inu Events
The Shiba Inu community is eagerly anticipating the launch of the TREAT token on January 14. The official Treat X account on Twitter describes this as a potential game-changing event, with planned privacy enhancements via Fully Homomorphic Encryption (FHE).
Current Shiba Inu Price
At the time of writing, Shiba Inu has decreased by 3.66% over the last 24 hours to $0.0000237, while rising 9% weekly. After an uptrend at the end of 2024, the token peaked at $0.00002492 before beginning a downward trend. The key support level to monitor would be $0.00002.
The significant increase in Shiba Inu's key metric could be an important signal for future investors, particularly given the upcoming events in the token's ecosystem.
