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TronWeekly

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Shiba Inu Whale Activity Plummets 79% as Market Braces for the Next Big Move

  • Shiba Inu whale activity has dropped by 79%, with large transactions over $1 million declining significantly since December 2024.
  • The community has intensified its burn efforts, removing 34.2 million Coin in 24 hours, a 133.66% increase, while weekly burns have surged by 120.3%.
  • Despite a 22.4% decline over the past month, SHIB is holding firm above its key support level, awaiting the next significant market move.
  • Shiba Inu's official Twitter account hinted at the possibility of an impending Golden Cross formation on the charts, potentially signaling a bullish trend.

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