- 131 billion Shiba Inu tokens have moved away from exchanges, signaling a potential accumulation phase by investors and reducing immediate selling pressure.
- The meme coin‘s price has dropped significantly, falling 57.3% since March 2025 and nearly 94% from its all-time high in October 2021.
- The broader crypto market remains fragile due to geopolitical tensions, which may delay a potential price recovery for SHIB.
According to CryptoQuant data, billions of Shiba Inu (SHIB) tokens are moving away from exchanges. This movement of over 130 billion coins suggests investors may be entering a new accumulation phase. Consequently, this exodus from trading platforms places less selling pressure on the market. Many interpret the development as a signal that SHIB’s price could be at or near its bottom.
Shiba Inu climbed to $0.000032 in December 2024 but has been declining since that peak. The October 2025 market crash further pressured the asset and other risky memecoins. CoinGecko data shows SHIB’s price has fallen 0.2% in the last 24 hours. The token also declined 11.7% over the previous month and 57.3% since March 2025.
However, the current fragile market state offers no guarantee of an imminent rally. Geopolitical tensions continue to keep investors away from volatile assets like memecoins. Meanwhile, the recent downturn in Asian stock markets highlights broader economic concerns. Therefore, Shiba Inu may not see positive price action until the larger economic climate improves.
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