This aligns with the broader trend that the average holding time across all SHIB addresses now stands at 2.8 years, which is more than half of the token’s total lifetime. Even as SHIB touched a seven-week high of $0.0000139 during early Monday trading, the data shows that many holders are bracing for much higher price levels rather than selling into short-term rallies. This increase in diamond hands behavior is a strong bullish signal that often leads up to further major upside movement.
At the time of writing, Shiba Inu is trading at $0.000013.