Over 429 billion Shiba Inu (SHIB) tokens were transferred to exchanges within 24 hours, causing a significant increase in exchange reserves to about 81.7 trillion SHIB. This rise in reserves typically indicates that more tokens are being prepared for sale rather than accumulation, suggesting growing selling pressure. Despite a slight increase in active addresses, the price remains under pressure, trapped in a downward trend with resistance near key moving averages. Without a strong catalyst, SHIB's price is likely to decline further if it fails to break above resistance around $0.0000064–$0.0000066.
XRP's Binance Scarcity Index reached its highest level since 2024 as whales moved coins to non-custodial wallets, tightening supply and supporting price near $1.14. A BitGo whale transferred 114.9 billion Shiba Inu (SHIB) tokens to a new cold wallet,...
XRP is attempting a strong recovery, testing key resistance at its 50-day moving average, with bullish momentum returning but still facing significant resistance. Shiba Inu remains weak, trading below major moving averages and struggling to break key...
SHIB cryptocurrency experienced a 37% increase in activity on exchanges, with net outflows exceeding inflows by 62.8 billion tokens, suggesting a potential accumulation phase as investors withdraw tokens to hold. This shift indicates renewed demand a...
Shiba Inu (SHIB) attempted to recover past the key resistance level of $0.000005 but was sharply rejected, reinforcing a prolonged bearish trend. Despite brief rebounds, SHIB remains below major moving averages, indicating weak buying momentum and co...
Shiba Inu (SHIB) has experienced a 37% surge in exchange netflow over the past 24 hours, indicating increased buying activity among traders. This spike coincides with a rebound in SHIB's price, now trading around $0.000004463, suggesting renewed inve...
