Shiba Inu (SHIB) is currently navigating challenges to sustain its promising outlook. Despite sell-offs from some long-term holders, a surge in whale transactions signals a potential recovery. These significant transactions imply growing interest from influential investors.
Data from the crypto analytics platform, IntoTheBlock, indicates a notable 41% increase in large transactions. This rise in whale activity highlights the renewed demand for Shiba Inu among major players in the market, providing hope for future growth.
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