Shiba Inu’s Shibarium Reaches New Record But SHIB Whales Are Exiting – What’s Happening?

Interestingly, the 2.94 trillion SHIB outflow from whale addresses in the past 24 hours is the largest outflow count since March 20. These outflows represent SHIB tokens leaving the addresses of major holders, and can be interpreted as a signal that they are selling or preparing to exit their positions.

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