SHIB Exchange Supply Hits Record Lows: What's Next For SHIB?
Portfolio Pulse from
Shiba Inu's exchange reserves have dropped significantly from 135.6T to 85.3T tokens, while derivatives trading volume increased by 55%. The cryptocurrency is approaching a critical resistance level at $0.000014, with potential for price movement depending on whale activity. Long-term holders are increasing their stakes, and the coin is currently trading at $0.00001350.
March 25, 2025 | 2:00 pm
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POSITIVE IMPACT
Declining exchange reserves and increased derivatives trading suggest renewed interest in Shiba Inu, with potential for price movement around the $0.000014 resistance level.
Low exchange reserves combined with high derivatives trading volume indicates potential bullish sentiment. The approaching resistance level at $0.000014 could trigger significant price movement if crypto whales enter the market.
CONFIDENCE 75
IMPORTANCE 85
RELEVANCE 100