The crypto coin Shiba Inu (SHIB) is facing difficulties as on-chain data shows a sharp drop in whale transactions, with a 93% decrease in the number of large SHIB transfers. The lack of interest from major investors raises concerns about the token's prospects. The price of SHIB has been steadily declining and is currently trading at $0.00001646. The decrease in whale transactions suggests that wealthy investors are pulling out, leading to lower liquidity and buying pressure. The absence of significant buy orders and poor investor participation make a recovery less likely. SHIB would need to overcome significant resistance levels to try a recovery, but the lackluster demand makes this scenario improbable. Without substantial buying interest from major investors, SHIB may continue to struggle, and caution is advised for traders.



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