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Shiba Inu Whales Move 34 Trillion SHIB to Cold Storage, Signaling All-Time High Blowup

  • Shiba Inu (SHIB) is experiencing increased buyer interest with higher lows indicating a potential uptrend and bullish momentum.
  • Higher lows signify a trend reversal and growing investor confidence for Shiba Inu, aiming to reclaim intraday resistance at $0.00001491.
  • Large investors accumulating SHIB tokens is suggested by the -34.1 trillion SHIB netflow from exchanges, indicating a shift towards long-term holding and reduced selling pressure.
  • Steady user activity is noted for Shiba Inu, with coins exiting exchanges for cold storage purposes, while the burn rate of SHIB has surged by 17,930% recently, enhancing its bullish outlook through reduced supply.

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