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Shiba Inu Price Drops 12% but Whales, Binance Traders Remain Bullish

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Summary
Nutrition label

60% Informative

Shiba Inu (SHIB) price is down 12% today as the Israel - Iran conflict triggers a sell-off across the crypto market.

Despite this drop, SHIB whales holding at least $100,000 worth of SHIB have scooped 500 billion tokens.

Whale accumulation often marks a local bottom, as these traders scoop more tokens at low prices as they anticipate an upward trend.

72% Binance traders are also betting on recovery as they open long positions on the 1000SHIB /USDT contract.

VR Score

36

Informative language

22

Neutral language

22

Article tone

formal

Language

English

Language complexity

39

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

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