Shiba Inu (SHIB) price rose 0.89% to $0.00000545, slightly outperforming the broader crypto market. However, a sharp increase of about 75 billion SHIB tokens moving to exchanges has raised near-term supply pressure, potentially challenging the ongoing price recovery. Key resistance lies at $0.00000548 and the 200-day moving average near $0.00000568, while support is found at $0.00000541 and lower levels. Open interest in SHIB derivatives jumped nearly 19%, indicating increased leveraged trading that could amplify price swings. Investors are watching exchange supply and technical levels closely as the market awaits upcoming U.S. inflation data that may impact risk sentiment.
Shiba Inu (SHIB) experienced a significant inflow of about 75 billion tokens to exchanges within 24 hours, increasing the total exchange inflows to 193.32 billion SHIB. This rise in net inflows could lead to more selling pressure as more tokens becom...
Shiba Inu's futures market has seen a 19.28% surge in open interest, with over 10.74 trillion SHIB tokens committed to derivatives trading. This surge follows a nearly 5% price increase, helping SHIB maintain its key $0.000005 level despite recent co...
Shiba Inu (SHIB) saw a 121% jump in its seven-day average exchange outflow, suggesting more holders are moving tokens off exchanges, which usually signals bullish accumulation. However, exchange inflows surged even higher by 182%, with a net positive...
Shiba Inu (SHIB) saw a 121.26% increase in exchange outflows, signaling more tokens leaving trading platforms. However, inflows surged even faster by 182.3%, resulting in a positive net flow of 86.53 billion SHIB, which means more tokens are entering...
Shiba Inu (SHIB) saw a 121% increase in its seven-day average exchange outflow, indicating more tokens are leaving exchanges, which could reduce immediate sell pressure. However, exchange inflows rose even more sharply by 182%, resulting in a positiv...
