The post SHIB Spikes, But Long-Term Holders May Be Preparing to Sell appeared on BitcoinEthereumNews.com. 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.  Sponsored Sponsored 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.  According to Santiment, this reached a three-month high of 2715.48 trillion yesterday. For token TA and market updates: Want more token insights like this? Sign up for Editor Harsh Notariya’s Daily Crypto Newsletter here. Sponsored Sponsored SHIB Age Consumed. Source: Santiment This metric is significant because long-term holders rarely move their coins. When they do, especially when an asset’s price grows, it hints at a shift in market trends.  Significant spikes in age-consumed like this during a rally suggest that long-term holders are offloading, which could increase market selling pressure. In addition, SHIB shows a persistently negative Price–Daily Active Addresses (DAA) divergence, signaling that network activity is lagging behind the token’s recent price rise.  At press time, this on-chain metric, which tracks whether a corresponding network activity supports an asset’s price movement, stands at -62.63, highlighting weak support from actual user engagement. SHIB Price DAA Divergence. Source: Santiment Sponsored Sponsored For SHIB, this means the recent rally may be fragile. With network activity not matching price momentum, the token could face short-term pullbacks as selling pressure from long-term holders increases. SHIB Price Standoff: Support Holds, But Bears Are Waiting At press time, SHIB trades at $0.00001294, holding above support formed at… The post SHIB Spikes, But Long-Term Holders May Be Preparing to Sell appeared on BitcoinEthereumNews.com. 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.  Sponsored Sponsored 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.  According to Santiment, this reached a three-month high of 2715.48 trillion yesterday. For token TA and market updates: Want more token insights like this? Sign up for Editor Harsh Notariya’s Daily Crypto Newsletter here. Sponsored Sponsored SHIB Age Consumed. Source: Santiment This metric is significant because long-term holders rarely move their coins. When they do, especially when an asset’s price grows, it hints at a shift in market trends.  Significant spikes in age-consumed like this during a rally suggest that long-term holders are offloading, which could increase market selling pressure. In addition, SHIB shows a persistently negative Price–Daily Active Addresses (DAA) divergence, signaling that network activity is lagging behind the token’s recent price rise.  At press time, this on-chain metric, which tracks whether a corresponding network activity supports an asset’s price movement, stands at -62.63, highlighting weak support from actual user engagement. SHIB Price DAA Divergence. Source: Santiment Sponsored Sponsored For SHIB, this means the recent rally may be fragile. With network activity not matching price momentum, the token could face short-term pullbacks as selling pressure from long-term holders increases. SHIB Price Standoff: Support Holds, But Bears Are Waiting At press time, SHIB trades at $0.00001294, holding above support formed at…