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 become available for trading. Currently, SHIB is trading around $0.00000543, approaching a key resistance near the 200-day moving average at $0.00000568. The increased supply on exchanges may challenge SHIB's price recovery unless demand absorbs the extra tokens. Investors should watch if SHIB can maintain support around $0.0000051–$0.0000052 amid these inflows.
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...
Coinbase has introduced regulated crypto futures trading to eligible Canadian clients through its CFTC-registered futures arm, marking a first for a major crypto-native exchange in Canada. The offering includes 23 crypto futures contracts, among them...
