56m ago
Over 80 Trillion SHIB Pulled From Exchanges Since December 5 as Analyst Projects 280% Rally
Data indicates that since December 5, Shiba Inu (SHIB) whales have withdrawn more than 80 trillion tokens from exchanges, reducing the exchange balance from 370.3 trillion to 290.3 trillion SHIB. New wallets have reportedly moved 82 trillion tokens in the last 60 days, concentrating supply among large holders and fueling expectations of a potential supply squeeze. An analyst tracking a falling wedge pattern now suggests SHIB could climb about 280% from roughly $0.00000836 to $0.000033 if price breaks above key resistance on the weekly chart.