![SHIB Flippened DOGE With 0M in ‘Smart Money’ Backing Latest Pump, Blockchain Data Shows SHIB Flippened DOGE With 0M in ‘Smart Money’ Backing Latest Pump, Blockchain Data Shows](https://www.coindesk.com/resizer/xcszA75sSJmy7gPOEaTV4-cLQds=/1200x628/cloudfront-us-east-1.images.arcpublishing.com/coindesk/TRMCCPU7ANEOTFJDLSOJFLRMI4.jpeg)
![SHIB Flippened DOGE With 0M in ‘Smart Money’ Backing Latest Pump, Blockchain Data Shows SHIB Flippened DOGE With 0M in ‘Smart Money’ Backing Latest Pump, Blockchain Data Shows](https://www.coindesk.com/resizer/xcszA75sSJmy7gPOEaTV4-cLQds=/1200x628/cloudfront-us-east-1.images.arcpublishing.com/coindesk/TRMCCPU7ANEOTFJDLSOJFLRMI4.jpeg)
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Since the beginning of this week, addresses labeled as “smart money” by blockchain data firm Nansen started buying up SHIB, according to Daniel Khoo, a research analyst at Nansen. The buying was mostly concentrated in the past seven days, worth about $160 million.
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