SHIB Whale Inflows Drop 83% as Bitcoin Dominance Rises

Description

SHIB whale inflows dropped 83% in May, from 8 trillion to below 2 trillion tokens, showing lower large holder activity. SHIB price trades under key resistance at $0.00001596, with the 50 EMA at $0.00001466 acting as dynamic resistance. SHIB burn rate spiked 12,715% on May 26, removing 53.9 million tokens, but market volume and price stayed flat. Shiba Inu (SHIB) whale inflows dropped 83% in the past 30 days, falling from 8 trillion SHIB to below 2 trillion. Outflows also fell more than 80% in th...