Overview
- CoinCentral and Blockonomi, citing TKResearch, report exchange balances fell from about 370.3 trillion to 290.3 trillion SHIB since December 5 following large whale withdrawals.
- AMBCrypto, citing CryptoQuant, shows Exchange Reserves stabilizing and edging up to roughly 82 trillion after December 5, indicating renewed inflows that temper upside.
- Santiment recorded a 111% jump in large SHIB transactions, reflecting active repositioning by major holders without a clear directional follow‑through.
- Tighter on‑exchange supply has thinned order books and reduced borrowable inventory, making large sell orders and short trades harder to execute.
- SHIB remains range‑bound around $0.0000086 within roughly $0.0000083–$0.0000089, and analysts say sustained gains would require fresh demand or continued outflows.