During a recent market dip, a whale investor purchased a large amount of Shiba Inu (SHIB) tokens, boosting the coin's total holdings and putting it back in the spotlight. The investor bought 257.5 billion SHIB tokens for $4.6 million, bringing their total holdings to 477.5 billion SHIB worth $8.57 million. Despite a decrease in trading volume, SHIB's price is holding above key support levels and has shown a 7.25% increase in the past 24 hours. The coin faces resistance levels at $0.00001950 and $0.00002000, and technical indicators suggest the possibility of a bounce if buyers step in. However, the Moving Average Convergence Divergence (MACD) is still in negative territory, indicating downward momentum.



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