Shiba Inu (SHIB) is approaching a key on-chain milestone as its exchange reserves near 80 trillion tokens, a level closely watched for its impact on market liquidity and selling pressure. Recent data shows a sharp increase in tokens moving to exchanges, which often precedes selling activity. However, given SHIB's current weak price trend near local lows, this reserve increase might either trigger more selling or simply reflect higher market participation. Investors should monitor exchange activity closely to gauge whether this shift leads to price drops or improved liquidity conditions.
A major Shiba Inu (SHIB) whale, known as the 'top SHIB donor,' transferred 600 billion tokens worth $2.83 million, adding to a 3.8 trillion token sell-off over the past month. This large-scale selling has caused SHIB's price to drop 14.5%, breaking b...
Shiba Inu's SHIB burn rate has sharply declined by 74%, with just $13 worth of SHIB tokens burned in the past 24 hours, down from nearly 8.8 million SHIB burned on June 20. This decrease reflects broader crypto market weakness and selling pressure, w...
On June 22, Bitcoin stabilized after a sharp drop from $72,000-$74,000 support to the low $60,000s, with buyers stepping in around $61,000-$63,000, suggesting a possible accumulation phase despite technical instability. Shiba Inu attempts a rebound b...
Shiba Inu (SHIB) has seen over 28 billion tokens flow out of exchanges in the last 24 hours, indicating increased buying activity and reduced selling pressure. Although SHIB's price remains down 1.28% and has not yet recovered, this net outflow sugge...
Shiba Inu (SHIB) experienced a net outflow of over 50 billion tokens from exchanges in the past 24 hours, indicating that investors are moving their holdings to private wallets rather than selling. Despite a recent price decline and bearish technical...
