Shiba Inu Plummets 15% Following Whales Leaving The Market

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Shiba Inu is in a complicated state as SHIB has dropped to $0.00001329 and large SHIB transactions have decreased dramatically, suggesting that significant holders are leaving the market. The overall negative sentiment is a result of the withdrawal of funds from the market. The In the Money metric suggests that the majority of SHIB holders are losing money. Bullish signals are missing from exchange metrics, which signifies that there is not much buying interest at these prices. The market’s faith in SHIB is eroding due to whales leaving the market and the subsequent 15% decline.