The dog-themed cryptocurrency Shiba Inu (SHIB) has seen an increase in activity, with large holder inflows rising by 473% this week, indicating greater interest from institutional players and whales. In the last 24 hours, whale activity has increased, with a large transaction volume of $202.51 million. This surge in inflows aligns with the recent rise in Shiba Inu prices. However, the current decline in price has brought SHIB to a crucial level of 108 trillion SHIB being held by addresses, which serves as a key support. If this level is breached, selling pressure may increase and SHIB could test the next support zone. On the other hand, surpassing the resistance zones at $0.000023 and $0.000025 could lead to a larger bullish breakout.



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