Shiba Inu Price Flop Escalates, Whales Exit Bleeding Markets
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The Shiba Inu cryptocurrency is experiencing a decline in market value as large holders, or 'whales', exit the market. This trend has been ongoing since early 2022, according to a Glassnode study.
March 18, 2025 | 6:15 pm
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Shiba Inu's market value is declining due to the exit of large holders, known as 'whales'. This trend has been ongoing since early 2022, impacting the cryptocurrency's price.
The exit of large holders, or 'whales', typically leads to a decrease in market value due to reduced demand and increased supply. This has been a consistent trend since early 2022, suggesting a continued negative impact on Shiba Inu's price.
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