$SHIB SHIB is holding above $0.00001270, which is considered a key support level. This indicates stability and potential for further growth.
Activity and accumulation of whales: The number of transactions by large holders (so-called "whales") has increased by 870%. The movement of $3.4 million SHIB from exchanges indicates accumulation rather than selling, which is a bullish signal.
Reduction in supply on exchanges: The volume of SHIB available on exchanges has decreased from 122.54 trillion to 121.31 trillion tokens. This indicates a reduction in selling pressure and points to bullish potential.