The crypto token Shiba Inu (SHIB) has experienced a significant decline due to a massive outflow of 7.5 trillion tokens from the market. This indicates a change in investor sentiment and will likely increase selling pressure and cause further price declines. However, there has also been an increase in inflows from large holders, potentially balancing out the outflow. It is speculated that major holders who gained SHIB during a bull run may be selling off their holdings. Additionally, panic-selling by retail investors and a shift in liquidity to other assets may have contributed to the decline. SHIB is currently showing signs of a possible short-term recovery, but if it fails to hold above $0.000016, it could drop further. Reaching and surpassing resistance levels at $0.000020 is crucial for SHIB to regain a bullish structure and make a significant recovery. Despite the concerning outflow, there is still hope for SHIB to rebound if bulls regain control above $0.000019, otherwise, it may retest lower support levels.



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