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BEARISH 25 U.Today 1H ago · 1 min read

Under 1,000 Shiba Inu (SHIB) Users Actually Withdraw Tokens From Exchanges

Unless exchange withdrawals increase and buying momentum strengthens, SHIB could face another decline toward $0.00000460.

Under 1,000 Shiba Inu (SHIB) Users Actually Withdraw Tokens From Exchanges
U.Today
AI summary

On-chain data indicates fewer than 1,000 Shiba Inu holders are actually withdrawing SHIB from exchanges, suggesting weak accumulation and limited conviction among buyers. The article warns that without stronger withdrawal activity and buying momentum, SHIB could decline toward $0.00000460. Traders would view the low withdrawal count as a sign of weak demand and potential downside pressure on the token.

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Narrative history
16 linked stories · 3 outlets · since 13 Oct
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