DeFi & NFT
By Steven Anderson
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Decline in Exchange Reserves. According to CryptoQuant data, SHIB's reserves on exchanges have dramatically decreased, falling…
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Exiting Long-Term Holders. Glassnode data also reveals a troubling trend among Shiba Inu’s long-term holders.
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Surge in SHIB Burn Rate. Despite the decline in reserves on exchanges, Shiba Inu’s burn rate has seen a massive surge.
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Shift to Cold Storage. As SHIB’s reserves on exchanges continue to shrink, many holders appear to be moving their tokens…
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Market Outlook and Whale Movements. For Shiba Inu to see a potential recovery, monitoring the movements of whales is crucial.
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Shiba Inu (SHIB) is showing signs of weakness as its exchange reserves have plummeted to a historic low of 96.6 trillion.
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According to CryptoQuant data, SHIB's reserves on exchanges have dramatically decreased, falling from 135.4 trillion SHIB in January 2025 to 93.5 trillion SHIB.
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Glassnode data also reveals a troubling trend among Shiba Inu’s long-term holders. In the 2021 batch, these holders accumulated over 20% of SHIB’s supply at low prices, but they…
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Despite the decline in reserves on exchanges, Shiba Inu’s burn rate has seen a massive surge. In the past 24 hours, the burn rate increased by an extraordinary 49,552%, with 13.
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For Shiba Inu to see a potential recovery, monitoring the movements of whales is crucial. If the whales increase their holdings or more tokens are burned, it could signal that a…
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In summary, Shiba Inu’s exchange reserves have reached record lows, and the increased burn rate suggests a shift towards cold storage among holders.
The Currency Analytics
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