Shiba Inu Price Prediction: 800B SHIB Floods Exchanges While Burns Jump 56% in 24 Hours
Share:
Shiba Inu crypto traded at $0.00000456 on June 24, its lowest since June 6, after roughly 800 billion SHIB moved to exchanges (CEX) in 24 hours, lifting exchange supply from 79.78T to 80.54T and with on-chain burns reported up 56% in the same window. Open interest jumped 17.90% to $30.94M as $128.31K of longs were liquidated versus $12.87K in shorts, highlighting bearish token performance and capitulation risk in a downtrend from the May peak near $0.0000066.
Predictions Markets
See what traders are focused on
- SHIB trades at $0.00000456 testing the lowest level since June 6 as exchange supply jumped from 79.78T to 80.54T in 24 hours
- 800 billion SHIB moved to exchanges overnight with no specific news, likely tied to one large holder capitulating
- Open interest surged 17.90% to $30.94M while shorts absorbed $128.31K in longs liquidated against just $12.87K shorts
Shiba Inu trades at $0.00000456 on June 24, sitting at its lowest level since June 6 after roughly 800 billion SHIB flowed into exchanges in a single 24-hour window with no specific catalyst behind the move, a shift large enough to reverse weeks of declining exchange supply in one session.
SHIB Daily Chart: Price Sits Below Every FVG With No Reclaimed Structure
The daily chart shows SHIB locked in a clean downtrend since the May peak near $0.0000066, with three se…
Read The Full Article Shiba Inu Price Prediction: 800B SHIB Floods Exchanges While Burns Jump 56% in 24 Hours On Coin Edition.
In This News
Coins
$ 0.00...436
-0.70%
$ 0.00...126
-0.78%Predictions Markets
See what traders are focused on
Share:
In This News
Coins
$ 0.00...436
-0.70%$ 0.00...126
-0.78%Predictions Markets
See what traders are focused on
Share:
Read More
Litecoin (LTC) Price Prediction 2026-2030: Will LTC Hit $80 Soon?
