Binance users withdrew 1.1 trillion Shiba Inu (SHIB) tokens in June, reducing exchange reserves below 80 trillion tokens globally. Instead of moving into stablecoins, investors redirected funds into Bitcoin and Ethereum, increasing their holdings by 4.26% and 10.17%, respectively. This shift suggests either accumulation of SHIB off-exchange by large holders or a market rotation favoring major cryptocurrencies over altcoins. Upcoming data will clarify if SHIB tokens moved to long-term holders or if this is a broader decline in SHIB interest.
Shiba Inu (SHIB) is testing the critical $0.000005 price level but faces difficulty sustaining it amid a broader downward trend. The token remains below key moving averages, indicating bearish dominance despite a recent recovery attempt. Analysts out...
Shiba Inu's price chart formed a golden cross as its 50-period moving average crossed above the 200-period on the two-hour chart, signaling potential bullish momentum. However, this comes at a time when the crypto market faces strong selling pressure...
XRP is testing a critical $1.19 support level ahead of the new Federal Reserve chair Kevin Warsh's debut, which will influence its short-term direction. Shiba Inu (SHIB) faces a pivotal 45-day period historically linked to price reversals, with poten...
Data shows that only 7 Shiba Inu (SHIB) addresses are actively selling tokens on exchanges, indicating very low selling pressure despite a downtrend in price. Exchange inflow volume has dropped over 69%, while network activity remains stable, suggest...
Shiba Inu (SHIB) failed to sustain its recent rally and dropped below the $0.000005 level after a bearish turn in exchange flows. Over 25 billion SHIB tokens were moved back to exchanges, indicating increased selling pressure as traders took profits ...
