SHIB exchange holdings hit a two-year low
The amount of SHIB 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.
You may also like
Data: The current Crypto Fear & Greed Index is 9, indicating an extreme fear state.
Multiple U.S. hedge funds reduced holdings in the "Tech Magnificent Seven" in Q3
DCR is currently priced at $37.04, up 10.6% in the past 24 hours.
Trending news
MoreCrypto prices
More
