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CoinOtag 2024-06-13 06:13:52

Shiba Inu Faces Massive Sell Pressure Amid Trillions of SHIB Moved to Coinbase

In recent developments, Shiba Inu, the second-largest meme coin, has experienced a period of sideways price action over the last month, with notable declines in the past week. On-chain analytics reveal that this trend may persist in the short term, primarily driven by increasing selling pressure. Significantly, largeholders have shifted trillions of SHIB onto cryptocurrency

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