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.
You may also like
The hardcore bearish whale's 20x leveraged BTC short position is now floating a profit of over $18 million.
Machi reduces 25x ETH long position, current liquidation price is $3,042.74
A smart money investor switched from long to short and opened a 3x leveraged short position of 1,000 BTC.
Trending news
MoreCrypto prices
More
