[Crypto World] SHIB’s recent on-chain data is quite interesting. In the past day, net inflows to exchanges surged by 8%, with about 760.65 billion tokens pouring into platforms—a clear sign that things aren’t looking great.
Even more telling is the exchange reserve: 82.32 trillion tokens, up more than 1% from before. Tokens are concentrating, holders are selling off, but demand isn’t keeping up.
Price? Down 2.9%, now at $0.000008332. The trend is still downward, and there’s no clear support signal in the short term. Market sentiment is pretty cold—it’s best to stay on the sidelines for now.
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orphaned_block
· 23h ago
Dumping again, this cycle just never ends.
Looks like it's going to drop again, better wait before buying.
The accumulation on exchanges is just too heavy this time, feels like there’s still more pressure ahead.
With SHIB like this, holders need to wake up.
It's a selling frenzy, who would dare to catch the falling knife now?
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GasBandit
· 23h ago
Here they are again, trying to fleece retail investors. I'm all too familiar with this routine.
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LiquidityWizard
· 23h ago
Same old dump routine, getting tired of it...
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Whales are selling, retail investors are buying the bags, classic move.
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7.6 billion tokens flowing into exchanges? Just putting on a fireworks show for us.
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A 2.9% drop isn’t bad, just wait for the big plunge coming next.
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Token concentration = selling pressure incoming, couldn’t be a clearer signal.
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No short-term support? That just means there’s more room to fall, nothing worth watching here.
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Everyone’s on the sidelines, means no one dares to catch this round—looks risky.
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A 1% increase in reserves doesn’t sound like much, but it’s a slow bleed.
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SerumDegen
· 23h ago
ngl this is textbook accumulation dump... 7.6 trillion tokens flooding exchanges in 24hrs? that's not organic, that's whales taking profits before the cascade. been watching this chart pattern for days and it screams liquidation incoming tbh
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CrashHotline
· 12-06 12:42
Whales are dumping again, this pattern is all too familiar.
Feels like it's always the same—once a bunch of coins are dumped onto exchanges, the price starts dropping.
I'll wait and see if there's a buying opportunity.
SHIB Exchange Reserves Surge by 1%, 760 Billion Tokens Inflow Signals Selling Pressure
[Crypto World] SHIB’s recent on-chain data is quite interesting. In the past day, net inflows to exchanges surged by 8%, with about 760.65 billion tokens pouring into platforms—a clear sign that things aren’t looking great.
Even more telling is the exchange reserve: 82.32 trillion tokens, up more than 1% from before. Tokens are concentrating, holders are selling off, but demand isn’t keeping up.
Price? Down 2.9%, now at $0.000008332. The trend is still downward, and there’s no clear support signal in the short term. Market sentiment is pretty cold—it’s best to stay on the sidelines for now.