"📉 Shiba Inu Token (SHIB) Whale Activity Takes a Dive 🐋💔

The Shiba Inu token (SHIB) is seeing a dramatic drop in whale activity, with major players in the crypto world scaling back their involvement. According to U.Today, large transactions have plummeted by a whopping 42.86% in the last 24 hours alone, totaling 3.56 trillion $SHIB . This significant decrease in whale transactions, particularly those exceeding $100,000, highlights a notable shift in market dynamics.

Moreover, inflows and outflows to wallets holding at least 0.1% of SHIB's circulating supply have dwindled considerably, indicating a sharp decline in overall whale engagement. This downturn in whale activity aligns with SHIB's less-than-stellar price performance, as it struggles to break past recent highs.

While $SHIB experienced a remarkable price surge of nearly 400% in March, recent trends suggest a challenging road ahead for the meme cryptocurrency. With whale activity dwindling and price action signaling a bearish sentiment, the outlook for SHIB's immediate future appears uncertain.

Stay tuned for more updates on SHIB and join the conversation on Binance! 🚀 #SHIB #Crypto #Binance"