SHIBA INU HOLDERS - 1 TRILLION GONE! WHAT IS GOING ON?!

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Recently, Shiba Inu has seen significant activity involving large holders, also known as whales. Over 1.2 trillion SHIB tokens worth around $21.7 million were withdrawn from exchanges by these whales, signaling potential bullish momentum. This massive withdrawal could suggest that investors are preparing for a price surge, although SHIB’s price has remained relatively stagnant for now.

Despite the massive burns of SHIB tokens to reduce supply, including a 4,677% increase in burn rate in recent sessions, the price hasn't spiked significantly due to ongoing sell pressure. Large resistance barriers, particularly from holders sitting on trillions of SHIB, are also slowing any price jumps.

This whale activity could eventually push SHIB towards an upward trend if these tokens are held long-term and not reintroduced into the market soon.

💡 Is this the turning point for SHIB? Let’s discuss what this means for your holdings and the future of Shiba Inu!

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