Shiba

bullish

Burn

Drops

Shiba Inu

<ul class="news-points wp-block-list">
 <li>Whale activity signals potential SHIB volatility amid rising trading volumes.</li>
 <li>SHIB burn rate drops by 52%, slowing supply reduction and impacting market dynamics.</li>
 <li>SHIB shows consolidation with weak bullish momentum and a neutral RSI indicator.</li>
</ul>
Shiba Inu has seen a 13.61% increase in trading volume over the past 24 hours. This surge in activity is raising concerns about a potential price breakout as market volatility returns.
Increased whale activity further suggests the possibility of price shifts, as these large holders can significantly influence SHIB’s value. With retail investors and whales exhibiting different trading behaviors, the SHIB market seems to be at a crossroads, trying to find its next direction.
<h2 class="wp-block-heading" id="h-shiba-inu-burn-rate-drops-by-over-50-in-24-hours">Shiba Inu Burn Rate Drops by Over 50% in 24 Hours</h2>
Shibburn data reveals that SHIB’s burn rate has dropped by 52.16% in the last 24 hours. Only 1,200,480 SHIB tokens were burned during this period, a significant decrease from previous days. This slowdown in removing SHIB from circulation could affect the token’s overall supply and market activity.
<figure class="wp-block-image"><img decoding="async" src="https://lh7-rt.googleusercontent.com/docsz/AD_4nXe0abj1qKb2yifEeizkQuJtn4VUzUNmx1IelMIqFqW_cG42-13fZGuBNf0vP2Y922PICXIuHK8ZSJ08qdnlfNMgqHAPyJ-BWEg4ay4QbqudG6FAeqwbB7_eDx9iuj_TbYwVcM03d1r9oGWFk5Uer_rBpmVX?key=2G_HaM_l7UnbOnLqR6N88g" alt="IMAGE">
</figure>
Source:<a href="https://www.shibburn.com/" target="_blank" rel="noopener noreferrer nofollow"> Shibburn</a>
<h2 class="wp-block-heading" id="h-shib-price-overview-and-current-market-conditions">SHIB Price Overview and Current Market Conditions</h2>
Despite the recent b…
The post <a href="https://coinedition.com/retail-buys-vs-whale-sells-shib-price-faces-pressure-amid-rising-volatility/" rel="noopener noreferrer nofollow">Retail Buys vs. Whale Sells: SHIB Price Faces Pressure Amid Rising Volatility</a> appeared first on <a href="https://coinedition.com" rel="noopener noreferrer nofollow">Coin Edition</a>.

Retail Buys vs. Whale Sells: SHIB Price Faces Pressure Amid Rising Volatility

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