Shiba Inu Whale Outflows Surge 12,887% Amid Price Rejection and Market Uncertainty

Key Points

1. The 12,887% increase in Shiba Inu whale outflows is attributed to a very low initial outflow base, not a large-scale sell-off.

2. Shiba Inu's price faced resistance near $0.0000125, leading to a rejection that invalidated earlier bullish momentum.

3. SHIB is trading near short-term support at $0.0000122, with a weakening RSI around 40 and diminishing volume, indicating cautious investor sentiment.

4. The market awaits a new catalyst to restore bullish confidence, as short-term price gains appear unlikely without significant retail demand.

5. While the outflow figure is striking, broader market conditions and weakening momentum suggest a cautious outlook for SHIB.