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CryptoIntelligence 2024-05-16 05:33:00

Shiba Inu Faces Market Shift: Whale Transactions Decline as Subtle Bullish Signals Emerge

Recent data reveals a 15% decrease in significant transactions involving Shiba Inu, a development that could considerably impact the cryptocurrency’s market dynamics. This decline is typically indicative of diminished activity by whales, the large-scale investors whose substantial trades can significantly influence market directions. Such a trend might suggest waning confidence among these investors or a pivot towards smaller, more discreet transactions. In spite of this downturn in large transactions, there are faint signs of bullish sentiment. A marginal increase of 0.32% in the creation of new addresses on the SHIB network hints at a growing interest or the arrival of

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