📉 Why Is Shiba Inu (SHIB) Falling Today?📊
🚨⛈️
SHIB is down 2% today, trading around $0.00001281, as whales dump 2 trillion tokens ($36.6M) to Coinbase Institutional 🐋💸.
📊 On-chain activity has dropped sharply:
– Daily Shibarium transactions: 🔻 63K
– BONE price: 🔻 7%
– Futures Open Interest (Bybit/ Binance): Down 📉
Bearish signals include a 20EMA crossing below 50EMA, pointing to more downside ahead. Despite low volume, rising trader interest hints at volatility ahead. ⚠️
Can SHIB hold the $0.000012 support—or break lower?