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Shiba Inu price has crashed this year as whales dumped 13 trillion tokens. Fortunately, the SHIB burn rate has increased, rising by 3,145% today. SHIB price has also On-chain data reveals that large Shiba Inu investors, referred to as whales, sold their tokens as the coin’s value declined. Santiment data indicates that the supply held by The Shiba Inu market has experienced a sharp decline following a significant dump of 13 trillion SHIB tokens by major holders. With no direct response from leadership Shiba Inu (SHIB) whale activity spiked dramatically in the last 24 hours, with 2.83 trillion tokens flowing out. The shift in behavior highlights growing caution among major Information from WhaleStats present that Shiba Inu whales have dumped almost 1.5 trillion SHIB tokens within the final 36 hours. SHIB was as soon as essentially the Whales engaged in a Shiba Inu sell-off frenzy dumping trillions of SHIB tokens within 48 hours. However, despite the raging chaos, other investors’ categories

Shiba Inu Whales Dump 1.5 Trillion Tokens After SHIB Spikes 3% - Is This the End?

The Shiba Inu (SHIB) market is experiencing turbulence. Recent on-chain data reveals significant selling pressure from large Shiba Inu investors, often called "whales." Information from WhaleStats confirms that Shiba Inu whales have dumped almost 1.5 trillion SHIB tokens within the final 36 hours, coinciding with a period where SHIB briefly spiked 3%. This begs the question: is this a temporary correction or the beginning of a larger downturn?

Shiba Inu Price Crash: Whales Cash Out

Shiba Inu price has crashed this year as whales dumped 13 trillion tokens. This sell-off frenzy, unfolding within 48 hours, highlights growing caution among major SHIB holders. Santiment data indicates that the supply held by these whales has significantly decreased, contributing to the overall decline in SHIB\'s value. The Shiba Inu market has experienced a sharp decline following this significant dump of 13 trillion SHIB tokens by major holders.

Whale Activity Spikes, But Hope Remains?

Shiba Inu (SHIB) whale activity spiked dramatically in the last 24 hours, with 2.83 trillion tokens flowing out, separate from the 1.5 trillion mentioned above. This shift in behavior underscores a potential lack of confidence from these influential market participants. With no direct response from leadership, the uncertainty surrounding SHIB\'s future is amplified. SHIB was as soon as essentially the darling of meme coin enthusiasts, but is facing strong headwinds.

SHIB Burn Rate Soars: A Silver Lining?

Despite the whale dumping, there\'s a glimmer of hope. Fortunately, the SHIB burn rate has increased, rising by 3,145% today. The increased burn rate reduces the overall supply of SHIB, theoretically making the remaining tokens more valuable. This could potentially offset some of the negative pressure from the whale sell-off. However, despite the raging chaos, other investors’ categories are still active. The impact of these burns remains to be seen, but it\'s a crucial factor to watch in the coming days.

The Future of SHIB: Uncertainty Prevails

The current state of Shiba Inu is a mixed bag. While the SHIB burn rate is encouraging, the consistent dumping by whales is a major concern. Whether SHIB can recover from this latest sell-off remains uncertain. Investors should closely monitor on-chain data and market trends before making any decisions.

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