Shiba

Bitcoin ETF

Shiba Inu

Coin

<ul class="news-points"> 
 <li><strong>Whales make waves as they withdraw billions in SHIB tokens, raising questions about market intentions.</strong></li> 
 <li><strong>The growing SHIB community faces a price decline as an altcoin sell-off hits the meme coin market.</strong></li> 
 <li><strong>Despite the dip, hopes remain high for SHIB’s revival, hinging on market dynamics and Bitcoin ETF approval.</strong></li> 
</ul> 
<p>A whale, known by the identifier 0xf63, has recently withdrawn a substantial 546 billion <a href="https://coinedition.com/shiba-inu-shib-price-prediction/">Shiba Inu (SHIB) tokens</a> valued at approximately $4.93 million from the <a href="https://coinedition.com/binance-exchange-review/">cryptocurrency exchange Binance</a>. This move has caught the attention of investors and analysts alike, prompting a closer look at the $SHIB market’s dynamics.</p>    
<h2 class="wp-block-heading" id="h-rising-whale-activity">Rising Whale Activity</h2> 
<p>The transaction is part of a broader pattern observed over the past 1.5 months, where notable figures, including Justin Sun, have collectively withdrawn 2.742 trillion SHIB, amounting to $25.2 million. This accumulation trend signifies a growing interest among large investors or “whales,” potentially looking to influence or hedge in the volatile market.</p> 
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter">
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  <blockquote class="twitter-tweet" data-width="550" data-dnt="true">
   <p lang="en" dir="ltr"><img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f6a8.png" alt="🚨" class="wp-smiley" style="height: 1em; max-height: 1em;"> Another fresh whale 0xf63 withdrew 546B <a href="https://twitter.com/search?q=%24SHIB&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">$SHIB</a> ($4.93M) from <a href="https://twitter.com/hashtag/Binance?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">#Binance</a> at $0.0₅902 just now.<br><br>In the past 1.5…</p>
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<p>The post <a href="https://coinedition.com/shiba-inu-faces-bearish-trend-amid-broader-altcoin-sell-off/">Shiba Inu Faces Bearish Trend Amid Broader Altcoin Sell-Off</a> appeared first on <a href="https://coinedition.com">Coin Edition</a>.</p>

Shiba Inu Faces Bearish Trend Amid Broader Altcoin Sell-Off

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