Recent 800 Billion Shiba Inu Dump Has Short Traders Worried – Here’s Why

Shiba Inu (SHIB) recently faced a major token dump of epic proportions, with a whopping 800 billion SHIB tokens being thrown into the market. But what caused this massive sell-off and what does it mean for the future of Shiba Inu?
This major token offloading extravaganza went down on Binance alone, with traders ditching their SHIB for USDT. The Buying Selling View indicator revealed that this frenzy took place from 8:00 a.m. to 12:00 p.m. UTC.
To understand the degree of the situation, let&rsquo