🚨 Shiba Inu Price Forecast: Whales Dump 61.5 Billion SHIB in 10 Days! 🚨

Shiba Inu (SHIB) is struggling, trading around $0.000013 on Tuesday after a 12% drop the previous day. On-chain data shows whales unloading billions of SHIB, increasing selling pressure and pushing the price toward a potential $0.000010 retest.

🔹 Whales Reduce SHIB Holdings—Bearish Signal? 🐋⚠️

📉 Santiment data reveals a massive sell-off by whale wallets:

100K – 1M SHIB holders: Dropped from 139.16B to 137.64B 📉

1M – 10M SHIB holders: Reduced from 2.07T to 2.03T 📉

10M – 100M SHIB holders: Declined from 9.41T to 9.39T 📉

💡 This signals a strong exit from whales, adding downward pressure on SHIB's price.

🔹 Shiba Inu Bears Target the $0.000010 Mark! 🐻📉

SHIB broke below its ascending trend (in place since August 5) on January 24 and has since dropped 25% in a month!

The recent 11.77% drop on Monday increases the risk of further declines.

If the pullback continues, SHIB could retest its August 5 low of $0.000010.

🔹 Technical Outlook: More Downside Ahead? 🔍

📊 Relative Strength Index (RSI):

RSI sits at 32, reflecting strong bearish momentum but not yet oversold—suggesting more room for decline!

🔥 Will SHIB rebound or drop further? Are whales preparing for another move? Let us know your thoughts below! 👇

📌 Disclaimer: This is not financial advice. Always do your own research before making investment decisions.

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