Shiba Inu (SHIB) is facing increased selling pressure as exchange inflows surpass 407 billion SHIB, exceeding the critical 390 billion threshold. This rise in tokens moving to exchanges suggests holders are preparing to sell, increasing available supply and contributing to bearish market sentiment. Technical indicators show SHIB remains below key moving averages, with low buying interest and a broken price support pattern, indicating a likely continuation of the downtrend unless demand quickly rebounds. Investors should watch the $0.0000054 support level closely, as a break could lead to further declines.
Dogecoin and Shiba Inu each fell about 9% amid Bitcoin's slide toward the $60,000 mark, with heavy selling in speculative crypto sectors. Both tokens broke key support levels and saw their largest trading volumes during price declines, indicating str...
A major Shiba Inu (SHIB) whale ended a 10-month inactivity by transferring nearly 400 billion SHIB tokens worth about $1.95 million via a BitGo smart contract. This move coincided with a 15% drop in SHIB's price, breaking a key support level and sign...
Shiba Inu's futures market saw a dramatic 1418% drop in futures flow over eight hours, reflecting a rapid shift as traders aggressively reduced leveraged positions. This figure does not indicate a direct loss but highlights a sharp change in trader s...
Kalshi introduced Ethereum perpetual futures on June 4, offering US traders regulated crypto derivatives with no expiration dates and a temporary zero-fee promotion. This follows their Bitcoin perpetual futures launch, marking a significant step in p...
Shiba Inu (SHIB) is experiencing significant selling pressure, with about 457 billion tokens flowing out of exchanges compared to 347 billion tokens entering, resulting in a net outflow of roughly 110 billion SHIB. This large outflow suggests investo...
