Why Whales Push Shiba Inu Transactions To Record Highs, While Nearly 2M Hold SHIB (newsbtc)

Originally published at: https://www.channel-sea.cc/why-whales-push-shiba-inu-transactions-to-record-highs-while-nearly-2m-hold-shib-newsbtc/

After a 10,000% profit over the past year, Shiba Inu (SHIB) trends to the downside with the rest of the crypto market. The meme coin had a surge driven by retail investors looking to ride the rally but has been unable to recover after a long period of persistent selling pressure. Related Reading | Can…