Shiba Inu's exchange netflow has plummeted by over 97%, with more than 226 billion SHIB tokens flowing back to exchanges, indicating increased sell pressure. This bearish signal contrasts with the recent price rally, where SHIB surged over 7% in a day, showing a divergence between trader behavior and price movement. The situation suggests traders are offloading tokens faster than demand can absorb, yet the price remains resilient, hinting at potential volatility ahead. Investors should watch for how this dynamic evolves in coming sessions.
Shiba Inu (SHIB) saw a net burn of 2.3 billion tokens in 24 hours, signaling a shift to a more balanced market with exchange inflows and outflows nearly equal. On-chain data shows exchange reserves stable at about 86.99 trillion SHIB, indicating cons...
Emirates Airlines, based in Dubai, has integrated Shiba Inu (SHIB) and 29 other cryptocurrencies as payment options for flights and in-flight services, available to eligible UAE residents booking in Emirati Dirham via Crypto.Com Pay. This move suppor...
Shiba Inu (SHIB) price surged nearly 40% to around $0.0000058 before sellers pushed it back down to a support zone near $0.0000045. The rapid reversal indicates some traders took profits after the breakout, while daily indicators show a strengthening...
South Korea's largest crypto exchange, Upbit, moved 864 billion Shiba Inu (SHIB) tokens between its wallets shortly after a 36% price rally driven by strong local demand. This large-scale token transfer, split into two stages, likely reflects liquidi...
In the past week, 2.96 billion Shiba Inu (SHIB) tokens were burned, marking the largest weekly burn in a year. This significant burn coincided with a weekend price surge of over 37%, increased whale transactions, and higher social dominance for SHIB....
