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 after weeks of weak sentiment and low volume, but the rebound remains fragile as the price is still low and must overcome resistance levels to confirm a sustained uptrend. The broader crypto market's stability and continued outflows from exchanges will be key to maintaining this momentum, while community factors like Shibarium activity and token burns may support long-term interest. Caution is advised as memecoins like SHIB are highly sensitive to market sentiment and liquidity changes.
In the last 24 hours, only $29 worth of Shiba Inu (SHIB) tokens were burned, marking a 24.95% decrease in the daily burn rate. Major contributors to the burn included Binance, Robinhood, Coinbase, and Uniswap, with millions of SHIB tokens removed fro...
Shiba Inu (SHIB) has seen a 207% rise in average exchange inflows, surpassing 1 billion tokens, while outflows also increased by 256%. This surge indicates major players are redistributing liquidity, with inflows roughly double outflows, creating a s...
Ethereum is approaching a key technical breakout above $2,474, potentially targeting $3,000, supported by strong on-chain activity including large withdrawals to cold storage. This momentum is also impacting Shiba Inu, which shows mixed liquidity flo...
Ethereum is forming a symmetrical triangle pattern with a potential breakout target of $3,000, supported by large holders withdrawing $300 million from exchanges to cold wallets. This reduced supply is helping ETH hold near $2,480–$2,510 after hittin...
Shiba Inu (SHIB) is approaching a significant price breakout as 94.68% of its circulating supply is controlled by just 808 large holders, creating a tight triangle pattern on the price chart. This concentration means a few whales can strongly influen...
