←Back to feed
⛓️ Crypto⚪ Neutral
Shiba Inu (SHIB) on the Verge of Losing 80 Trillion Exchange Threshold, Will Selling End?
🤖AI Summary
Shiba Inu (SHIB) exchange reserves have dropped below the 80 trillion token threshold, indicating reduced selling pressure. However, the market may not be prepared for a meaningful recovery despite this decline in exchange holdings.
Key Takeaways
- →SHIB exchange reserves have fallen below the critical 80 trillion token threshold.
- →Lower exchange reserves typically indicate reduced selling pressure from holders.
- →The market may not be ready for a proper recovery despite improving on-chain metrics.
- →The decline in exchange holdings suggests potential accumulation by long-term holders.
Read Original →via U.Today
Act on this with AI
Stay ahead of the market.
Connect your wallet to an AI agent. It reads balances, proposes swaps and bridges across 15 chains — you keep full control of your keys.
Related Articles