SHIB exchange holdings hit a two-year low
The number of SHIBs held on exchanges has fallen to its lowest level since March 2022, according to crypto analytics firm Glassnode. This highlights the bullish sentiment among SHIB investors, as a drop in exchange supply inevitably means that these investors are opting to hold on for the long term rather than sell their positions immediately.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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Data: BitMine currently holds approximately 3.56 million ETH, with an unrealized loss of $2.98 billion.
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