Shiba Inu (SHIB) is facing a concerning surge in outflows from major investors, with figures indicating a staggering 1,600% increase in just weeks. This trend has triggered alarm bells within the crypto community as it suggests a significant loss of confidence among large investors. The dramatic shift comes as SHIB’s price struggles to maintain its ground, currently hovering just above $0.0000119 after falling below support levels. [Link to data source showing current SHIB price and market metrics if available] Several factors may be at play, including a general bearish sentiment across the cryptocurrency market, regulatory concerns surrounding the sector, and increased competition from other promising cryptocurrencies. [Link to relevant article or report about competitor projects if available.] The decline in investor confidence is reflected by the alarming drop of 98.6% in large holder inflows over the past week, as reported by IntoTheBlock. These losses contrast sharply with the 1,598% increase in outflows, suggesting a more dramatic exodus rather than simply a dip in price. Analysts have highlighted the absence of whale accumulation as potentially foreshadowing further price drops, and the current high selling pressure coincides with broader bearish trends in the crypto market. However, market analysts remain cautious about SHIB’s near-term prospects. To avoid further declines, it will be crucial for SHIB to regain its momentum and demonstrate consistent buyer strength. The market remains fragile, and a shift in investor sentiment or whale behavior could be the key factor in turning this situation around.