​SHIB Price Depressed Under Bear Attack: Is All Hope Lost for | Altcoin Holder

​SHIB Price Depressed Under Bear Attack: Is All Hope Lost for Shiba Inu?

The Shiba Inu cryptocurrency, commonly known as SHIB, is experiencing significant pressure from bearish investors as IntoTheBlock reports the dominance of sellers in the past 24 hours. The volume of SHIB tokens sold exceeded the volume of purchases by 27.23 billion tokens, totaling 2.09 trillion.

The report revealed that there were 19 bear addresses that traded at least 1% of the total volume in the last 24 hours, while the bulls had 16. This has resulted in a rise in the number of large sellers to 128 in the last seven days, while the number of major buyers remains at 119.