Recent developments in the Shiba Inu (SHIB) market reveal a significant shift in supply dynamics, as a substantial amount of tokens has been withdrawn from centralized exchanges. The source reports that this trend raises questions about the future price movements of the popular meme cryptocurrency.
Уменьшение ликвидности на биржах
Data indicates that over 80 trillion SHIB tokens have been removed from exchanges in the past two months, resulting in a notable decrease in immediate sell-side liquidity. Exchange balances have now reached multi-month lows, suggesting a tightening market environment for SHIB.
Увеличение концентрации владения SHIB
Moreover, the concentration of SHIB ownership is increasing, with the top 100 holders now controlling a larger portion of the total supply. This trend points towards a strategy of deliberate accumulation among major investors, rather than a focus on short-term trading.
Влияние на цену и рынок
As traders keep a close eye on these developments, the impact of reduced supply on price sensitivity remains a key point of interest, especially in a market that continues to seek a clear direction.
As the Shiba Inu market experiences significant changes, DASH's recent price rally has also drawn attention, with technical indicators suggesting a potential slowdown. For more details, see DASH indicators.
