Shiba Inu Rings Alarm Bells: Here's What's Going On Behind Scenes of SHIB

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Shiba Inu Rings Alarm Bells: Here's What's Going On Behind Scenes of SHIB
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Shiba Inu backstage alarm: Is it the end of the SHIB price rally? shibainu shib shibarmy shibarium shibaeternity shibburn $shib intotheblock

token holders. While this figure had been on the rise earlier in the week, increasing by a staggering 150% or 1.5 trillion SHIB, recent days have witnessed a plummet to less than 1 trillion, specifically 865 billion tokens. To put it into perspective, the number of transactions involving amounts exceeding $100,000 dropped from 74 to a mere 24.

, which has now slipped into negative territory. Outflows from the wallets of prominent investors have surpassed inflows, with 272.45 billion tokens leaving these wallets compared to 195.98 billion entering. Consequently, the netflow of Shiba Inu whales' wallets hit a disconcerting -76.48 billion SHIB by Saturday, a drastic shift from the 310.59 billion just a few days earlier.

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