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SHIB Whales Exit as 37% Rally Triggers Retail FOMO

TLDR SHIB gained 37% in two days as retail interest and social activity increased. SHIB whales recorded 52 large transactions, suggesting selling near the rally peak. The SHIB burn rate rose sharply, with 2.19 billion tokens removed in 24 hours. Resistance stands at $0.00000530–$0.00000540, while support remains near $0.00000490. Funding rates remain near neutral, but [...]

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Source: Blockonomi →