Shiba Inu (SHIB) has experienced a sharp 65% decline in daily token outflows from exchanges, indicating a slowdown in investors moving their tokens to long-term storage. While netflows remain negative, which is generally bullish as more tokens leave exchanges than enter, the significant drop in outflow rate suggests waning investor confidence. This slowdown could reduce buying pressure and make it harder for SHIB to sustain a strong recovery amid broader market volatility. The overall trend of declining exchange reserves continues, but the recent outflow softening is a warning sign for SHIB's momentum going forward.
Shiba Inu (SHIB) saw its daily burn rate increase by over 350%, removing 12.47 million tokens from circulation in 24 hours, signaling efforts to reduce supply. Exchange outflows continued, indicating less immediate selling pressure as investors moved...
A new large Shiba Inu (SHIB) holder emerged by transferring 162.43 billion SHIB tokens, worth about $672,476, from Coinbase Prime to a fresh wallet with no prior activity. This move suggests institutional investors are quietly accumulating SHIB durin...
Over 160 billion Shiba Inu (SHIB) tokens have been transferred to exchanges, increasing the likelihood of selling pressure as the price nears a critical resistance level around $0.0000118. Exchange inflows have surged, with net inflows positive, indi...
Shiba Inu remains in a long-term downtrend, struggling below key moving averages and near oversold levels, with limited buying interest. Solana shows a stronger technical outlook, maintaining support above key averages and poised for a potential brea...
Shiba Inu (SHIB) is experiencing a significant 65% drop in daily token outflows from exchanges, indicating investors are less inclined to hold tokens long-term. Concurrently, about 96 billion SHIB tokens have been moved back to exchanges, raising con...
