Shiba Inu Whales Are On The Move Again, 361 Billion SHIB Stuns Community

Shiba Inu’s on-chain data shows an interesting dyn

Shiba Inu Whales Are On The Move Again, 361 Billion SHIB Stuns Community

Shiba Inu Whales Are On The Move Again, 361 Billion SHIB Stuns Community

Shiba Inu’s on-chain data shows an interesting dynamic among SHIB holders and their relationship with crypto exchanges. Recent metrics from CryptoQuant show sustained withdrawals from exchanges alongside a noticeable increase in burn activity in the past few days, all of which are signs of tighter supply conditions. 

SHIB price shows bearish movement | Source: SHIBUSDT on Tradingview.com

Featured image created with Dall.E, chart from Tradingview.com

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