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Dog-themed cryptocurrency Shiba Inu (SHIB) has seen a 764% surge in large holder netflows, sparking speculation that whales may be making a comeback. Large Holders Netflow provides insight into the change in the position of whales; a surge might indicate accumulation from large players, while drops point to reduced positions, or selling. Blockchain data from IntoTheBlock reveals a significant increase in Shiba Inu's large holder netflows in the last 24 hours, skyrocketing from -31.22 billion SHIB to 1.07 trillion SHIB. This coincides with a massive surge in large holder inflows within the last 24 hours, from 497.49 billion SHIB to 1.67 trillion SHIB. In this time frame, Shiba Inu's large transaction volume, which is indicative of whale activity, surged 16% to $39.84 million. The spike both in large holder inflows and netflows as well as whale activity might indicate that whales may be once again back to accumulating SHIB, reflecting renewed confidence among large holders. While netflows have increased, it is unclear whether this will result in a short-term breakout. In the meantime, traders are intently monitoring resistance levels and market sentiment to predict SHIB's next move. If whale accumulation continues, SHIB could be on the verge of another major price move. SHIB price rebounds At the time of writing, SHIB was up 4% in the last 24 hours to $0.000014 as the broader market continued to recover. Bitcoin surpassed $90,000, while Bitcoin Cash (BCH), Chainlink's LINK and Aptos' APT saw double-digit percentage rises. The U.S. dollar index fell to its lowest level since early November, which may have boosted cryptocurrency prices. Macroeconomic concerns have recently taken center stage, weighing on investor sentiment and pressuring risk assets like U.S. stocks and digital assets lower. Shiba Inu started rebounding from lows of $0.0000121 on March 4 and would conclude its third day of gains if today concludes in the green. SHIB's price reached intraday highs of $0.0000138; on the upside, SHIB faces its next resistance at the daily SMA 50 at $0.00001679 and then at the daily SMA 200 at $0.0000192. On the downside, SHIB might test support at $0.0000116 if the price declines.

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Dealers are net short call gamma at higher strikes If Nvidia goes through those upside strikes, dealers need to buy shares to hedge their increasingly negative delta at a non-linear phase Potentially creating a tail wagging the dog situation (gamma squeeze) Wach 120 strikes

$PI The Watch dog knows when to defend and bark.

The cryptocurrency market carries forward its growth through important advancements across multiple blockchain systems. The digital asset adoption gets stronger with Dogecoin , Cardano , TRON and Stellar providing unique solutions to financial and technological challenges. These cryptocurrencies showcase blockchain potential for traditional industry advancement through decentralized content management and cross-border financial operations. The growing worldwide interest in digital finance benefits from their innovations which create a secure and efficient financial system. Current price: $0.2016 Market cap:$29.9B The lighthearted cryptocurrencyDogecoin based on the Shiba Inu dog meme continues to attract many supporters in the digital currency market. The Shiba Inu dog meme appears on Dogecoin cryptocurrency while its popularity has significantly increased because of this symbolic representation. Tesla CEO Elon Musk regularly promotes Dogecoin through social media appearances while maintaining its public profile. The blockchain project Dogecoin functions as a Litecoin fork and continues to gain popularity through community support and wider adoption for online settlements. Current price: $0.6296 Market cap:$22.17B The proof-of-stake blockchain system known as Cardano focuses on decentralizing financial sector powers. The open-source project delivers secure and transparent digital transactions which facilitates developers and enterprises to construct decentralized applications. The Cardano Foundation focuses on developing new platform features to provide users with dependable tools for blockchain innovation. The platform uses multiple architecture levels which provide protection alongside speedy transaction processing capabilities. Current price: $0.2314 Market cap:$19.92B TRON has developed a blockchain-operated system which gives digital content creators control over their creative work. The blockchain platform was developed through Ethereum then transitioned to its separate network while continuing to provide peer-to-peer content distribution without agencies. Through this model creators can obtain compensation directly from their work which shifts their dependence from traditional platforms toward YouTube and Apple. TRON builds better transaction visibility through smart contracts to boost digital content revenue opportunities. Current price: $0.3001 Market cap:$9.21B Stellar assembles financial institutions through its network to offer economical international money transfers and transactions. The Stellar Development Foundation created this platform which enables users to exchange as well as send and receive multiple digital currencies. The XLM network token operates as a conversion method used for rapidly executing cheap financial deals between different currencies. Businesses and individuals benefit from the Stellar network which offers an efficient banking system alternative for performing seamless money transfers. DISCLAIMER: The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.