Shiba Inu In Danger Of Significant Sell Pressure Despite 588% Surge In Large Transactions
📉
Shiba Inu (SHIB) is currently at risk of experiencing significant selling pressure due to the bankrupt crypto firm Genesis Trading. Despite a 588% surge in large transactions, which is generally considered a bullish sign, SHIB's market stability is under threat due to Genesis Trading's financial woes.
The data driving these concerns come from Arkham Intelligence, an on-chain analytics platform. Insights from this platform highlight the potential implications of Genesis Trading's situation on SHIB's market performance.
Amidst these worrying signs, the surge in large transactions shows that there is still considerable interest in SHIB. The outcome for SHIB will largely depend on whether the market can absorb the potential sell-off from Genesis Trading, which could otherwise undermine the bullish trend.
Investors and market watchers are now keenly observing how this situation will unfold, particularly given the conflicting signals of large transaction volume and impending sell pressure.
Fuente: bitcoinist.com ↗
Artículos similares (86)
SHIB Set for Surge? New Shiboshi Updates Spark Investor Optimism
Will SHIB Recent Price Action Lead to Sustained Gains?
Is Shiba Inu (SHIB) on the Rebound? 1.97 Trillion SHIB Moves in 24 Hours!
Shiba Inu in Rebound Mode: What’s Driving the Surge?
Shiba Inu Skyrockets: $3.3 Billion Added to Market Cap in 24 Hours
Shiba Inu Posts Bold Message: Are We on the Verge of a New ATH?
Shiba Inu Skyrockets: $3.3 Billion Added to Market Cap in 24 Hours
Shiba Inu On The Edge Of Historic Run As Investors Accumulate 770 Billion SHIB
SHIB’s Higher Low Pattern: Is a Trend Reversal on the Horizon?
Shiba Inu Sees 109% Spike in Large Transactions Despite Market Volatility
Shiba Inu Inflows Soar 555% In 3 Months – Will The Momentum Continue?
Shiba Inu Rally Sparks Interest: Is SHIB Poised for a Bullish Breakout?
Shiba Inu Jumps Nearly 6% In Latest Price Rebound, Rally Incoming?
Shiba Inu (SHIB) Surges Amid Uncertainty: What Investors Need to Know!
Shiba Inu (SHIB) Surges After U.S. Federal Reserve Rate Cut
Shiba Inu Gears Up for a Breakout: 2.7 Trillion SHIB in 24 Hours
SHIB Lead Claims Shiba Inu Outshines BTC with 33,774,726% Surge
Shiba Iun’s Trading Volume Up 82% Investors Seek More Profit From New Gambling Crypto
Explosive 40% Growth in Shiba Inu: Is This Just the Beginning?
Shiba Inu Earns Recognition For Charitable Contributions – Impact On Price
Shiba Inu Burns Rocket 436% As Whale Volumes Explode, Will SHIB Price Cross $0.00002?
Key Reasons Why Buying Shiba Inu Could Be Your Best Bet This Cycle
Shiba Inu (SHIB) Retains 26% Uptick As Memecoin Hype Fades
Shiba Inu’s SHI Stablecoin Set To Rival USDT, SHIB Up By 13%
Shiba Inu Price Spikes as SHIB Ecosystem Prepares for Major Tech Upgrades
Shiba Inu Price Recovers by 16%, Will It Last?
SHIB Shows Strong Recovery, Sets New Price Targets
SHIB Shows Strong Recovery, Sets New Price Targets
Shiba Inu’s 28% surge: Will SHIB keep its bull run after a change in path?
Shiba Inu Rallies As Crypto Market Shows Signs of Recovery
Shiba Inu Price Rises Amid Market Recovery
SHIB’s Shiba Inu Army: Can They Keep the Momentum Going?
Investors Back Shiba Inu’s Rally
Shiba Inu rallies ahead of DAO rollout, up 15% in 7 days – What’s next?
Shiba Inu Community Votes On Crucial Proposal, SHIB Rally Incoming?
Shiba Inu Gains Traction in Crypto Market
Shiba Inu (SHIB) Price Surges 12% Amid Cautious Whale Activity
Shiba Inu (SHIB) Tops the Crypto Market with 20% Gain, What’s Next?
Shiba Inu : The Reasons Behind Price Surge and Retracement
Shiba Inu gains over 20% in 24 hours, leads memecoin rally
ISHIBA Naming Coincidence Sends Shiba Inu Price Soaring 50% in 48 Hours
Shiba Inu Indicates Potential Price Surge
Shiba Inu Sees Explosive 57 Billion Exchange Outflow: What It Means for SHIB Price
Shiba Inu – Shibarium’s TVL spike to $4M is a sign of…
Shiba Inu Gains Momentum in Crypto Market
Can Shiba Inu Coin Price Surge 50% As Liquid Staking Goes Live?
Shiba Inu: price of SHIB in rally after the announcement of the new stablecoin
Why is Shiba Inu Up Today? : Key Factors Behind the Recent Price Spike
Shiba Inu FOMO Kicks In With 23% SHIB Price Surge, What’s Next?
Shiba Inu Token Sees 22% Price Increase Amid Market Uptrend
Shiba Inu shows mixed signals: What’s next for SHIB?
Shiba Inu Has Surged by 33 Million Percent, Outperforming Bitcoin, Says Shytoshi Kusama
Shiba Inu Defies Bear Market With 3% Price Surge
Will Shiba Inu lead memecoin recovery? Key data says…
Shiba Inu (SHIB) Holders Pull $288 Million from Exchanges Following 30% Price Increase
Is it Too Late to Buy Shiba Inu? SHIB Jumps 6% as Meme Coins Rally But Flockerz Can Pump Higher
Shiba Inu’s 14,575% hike – Good news for SHIB’s price or should traders beware?
Shiba Inu (SHIB) Volatility Expected as Investors Move Tokens to Exchanges
Shiba Inu (SHIB) Gains Momentum, Dogecoin (DOGE) Sees Massive Surge: What’s Driving Both Coins?
SHIB Trading Volume Increases 32% as Market Cap Tops $11 Billion
Shiba Inu’s October Surge: Record Transactions and Kusama’s Defense
Shiba Inu Gains Momentum in the Crypto Market
Shiba Inu Approaches Breakout from Consolidation Period
Shiba Inu Memecoin Captivates Attention with Recent Price Fluctuations
Shiba Inu Price Shows Signs of Significant Increase
Shiba Inu Price Surges as Market Sentiment Revives
Shiba Inu Shows Potential for a Rally Despite Recent Decline
Investors Support Shiba Inu to Overcome Five-Month Selling Pressure
Shiba Inu’s Price Surge Draws Attention in Crypto Market
Shiba Inu (SHIB) Sees Record 3 Trillion Tokens Moved: What It Means for Future Price Movements
Shiba Inu (SHIB) Sees 5% Price Surge Amid Volatile Trading Activity
Shiba Inu (SHIB) Trading Volume Soars with 58.9% Surge in Derivatives Market
Shiba Inu (SHIB) Transactions Surge: Can It Break Past $0.000017 Amid Rising Momentum?
Shiba Inu (SHIB) Surges Amid Market Uncertainty: Key Metrics Signal a Potential Rebound
Shiba Inu Price Soars Amid Exciting SHI Stablecoin Developments on Shibarium
Shiba Inu (SHIB) Sees 285% Surge in Large Holder Netflow, Indicating Bullish Trend
Shiba Inu Set for Major Surge Amid Shibarium Upgrades and Potential Big Announcement
Shiba Inu (SHIB) Surges 43% in Nine Days with Bullish Momentum and Increased Whale Activity
Shiba Inu (SHIB) Surges 35% Amid Community Developments as September Ends Bullish for Crypto Market
Shiba Inu (SHIB) Surges 20% Amid Explosive Metrics and Meme Coin Market Rebound
Shiba Inu (SHIB) Outpaces Ethereum (ETH) with 44% Annual Growth and Milestone Achievements
Shiba Inu (SHIB) Sees Increased Activity as Wintermute Withdraws 74 Billion Tokens Amid Price Surge
Shiba Inu Price Eyes 102% Surge Amid Stable Trading Volume at 2.039T
Shiba Inu (SHIB) Sees Massive Price Surge: 620 Billion Tokens Withdrawn Signals Bull Run Ahead
Shiba Inu (SHIB) Surge: 671% Increase in Large Holder Inflows Signals Potential Breakout Ahead
Celebrating International Dog Day: Why Shiba Inu (SHIB) Coin Enthusiasts Have Reasons to Cheer
