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Shiba Inu Large Transaction Volumes Crashes 35% To 1.41 Trillion SHIB, Is Fatigue Setting In?

  • Shiba Inu's large transaction volume has crashed by 35%, raising concerns about the confidence of whales in the meme coin.
  • This significant drop in transaction volume suggests fatigue setting in for SHIB whales and paints a bearish picture for the meme coin.
  • The reduction in new user adoption and the majority of SHIB holders being out of the money further add to the bearish sentiment surrounding Shiba Inu.
  • However, some analysts believe that a significant rally is still in play for SHIB, with potential targets of $0.000081 and $0.000036.

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