Shiba Inu (SHIB) is facing increased selling pressure as traders move approximately 145 billion SHIB tokens to exchanges, indicating a shift to bearish sentiment. This surge in selling follows a recent price breakout but now shows demand weakening, with the token's price dipping about 4% and risking a fall below the key $0.000005 level. The netflow data from CryptoQuant reveals more tokens are being sold than bought, suggesting traders are hedging against potential losses amid expectations of a bearish market trend ahead. This signals fading momentum and a cautious outlook for SHIB in the near term.
Shiba Inu (SHIB) is experiencing renewed selling pressure after its August rally, with 145.9 billion SHIB tokens flowing into exchanges on August 29, increasing available supply and potential selling activity. This comes after a strong price rebound ...
Shiba Inu (SHIB) is facing selling pressure as seven out of eight short-term spot flow timeframes show negative net inflows, indicating more capital is leaving than entering the market. After a recent price surge to about $0.0000062, SHIB failed to h...
Shiba Inu (SHIB) has reached over 1.6 million funded wallets, lowering the threshold to enter the top 1% of holders to about 380 million SHIB, worth roughly $2,000. Despite this broad holder base, the top 10 wallets still control over 62% of the supp...
Shiba Inu (SHIB) has broken above a descending trendline that held it down for five years, signaling a possible end to its prolonged decline and consolidation. Analyst Sheriff suggests this breakout marks the start of a recovery phase that could lead...
Shiba Inu (SHIB) achieved a historic 15% gain in August, breaking an 11-month downtrend thanks to its approval for listing on Japan's Nomura-backed Laser Digital platform. This milestone boosted its market cap to $3.2 billion and pushed its Q3 return...
