Shiba Inu (SHIB) is currently navigating through several challenges to sustain its positive growth trajectory. Despite some sell-offs from long-term holders, large investors, known as "whales," have stepped up their activities, thus providing a positive boost.
The involvement of these whales has led to a surge in substantial transactions on the Shiba Inu network, indicating a renewed interest and confidence from significant investors.
This increased activity by major holders helps counterbalance the selling pressure and might be a pivotal factor in determining SHIB's future performance.
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