Shiba Inu holds above key support as whale selling raises downside risk
Key takeaways Shiba Inu trades near $0.00000516 after rebounding almost 4% earlier this week. Whale wallets holding between 1 million and 100 million SHIB have sold a combined 40 billion tokens since August 22. Smaller whales accumulated 990 million SHIB over the same period. SHIB’s long-to-short ratio of 0.93 signals bearish positioning in the derivatives […]
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