The Shiba Inu $SHIB token has seen a significant decrease in large transactions, dropping from a seven-day high of 7.68 trillion SHIB to just 747.97 billion SHIB in the last 24 hours. This decline indicates a drop in the activity of whale investors, possibly due to a general decline in market sentiment. The price of SHIB is also falling beneath key moving averages, indicating a strong bearish sentiment. This decrease in large transaction volume could lead to increased price volatility and a further drop in SHIB’s price due to the lack of substantial buying activity from whale investors.

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