Shiba Inu (SHIB) saw a significant outflow of 281 billion tokens from exchanges in one day, which typically signals long-term holding and reduced selling pressure. However, despite this large withdrawal, SHIB's price continues to decline, indicating that bearish market sentiment remains strong. Network activity has slightly increased, suggesting potential accumulation, but overall market weakness overshadows the positive supply dynamics. Investors should not view the outflow alone as a sign of a market bottom until SHIB shows stronger price recovery and higher lows.
XRP's on-chain data reveals a key support level at $0.51, with major holders concentrated around this price, signaling potential market direction. A dormant whale moved $2.5 million worth of Shiba Inu (SHIB) tokens through OTC channels amid a 23% pri...
XRP, Shiba Inu (SHIB), Bitcoin (BTC), and Dogecoin (DOGE) are currently experiencing bearish trends with sellers dominating the market. XRP remains below key support levels near $1.00, showing no strong signs of sustained buying despite high volume d...
Shiba Inu (SHIB) experienced its largest daily increase in new holders this June, adding 575 addresses and bringing the total to 1,591,792. This growth occurs amid a prolonged crypto bear market and a recent price drop to multi-year lows around $0.00...
Shiba Inu (SHIB) has shown a modest bounce after weeks of selling pressure, suggesting buyers are defending recent lows around $0.0000043–$0.0000044. Despite this, SHIB remains in a strong downtrend, trading below major moving averages like the 50-da...
Shiba Inu (SHIB) saw a sharp increase in token inflows to exchanges, with reserves rising to 80.5 trillion tokens. This surge reflects large holders moving funds to trading platforms, reversing months of accumulation and causing the price to drop to ...
