Markets
Shiba Inu (SHIB) Whales Defend $3 Billion Support With 51 Billion Token Withdrawal
COINOTAG·October 16, 2026·1 min read
Shiba Inu (SHIB) holds the $3 billion market cap support as whales pull 51 billion tokens off exchanges. The move reduces sell pressure, and traders await a weekly close above the 23-week moving average to confirm bullish momentum. This whale activity signals confidence in the token's near-term outlook.
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