Markets· ★★· bullish·

Shiba Inu Rises 3.92% as 81 Billion SHIB Changes Hands in 24 Hours

  • —SHIB trades near $0.00000514, up 3.92% on the day
  • —Net exchange outflow reached 32.76 billion SHIB
  • —Exchange reserves at 87.09 trillion SHIB, barely changed in 24 hours
  • —Active addresses rose 1.01% to 165,200
Why it matters: Coins leaving exchanges can ease selling pressure, but thin derivatives volume suggests weak conviction behind the bounce.
Source: The Crypto Updates