{"id":15491,"date":"2025-11-07T16:47:52","date_gmt":"2025-11-07T16:47:52","guid":{"rendered":"https:\/\/bitunikey.com\/news\/shiba-inu-price-at-risk-as-whales-sell-exchange-reserves-rise\/"},"modified":"2025-11-07T16:47:59","modified_gmt":"2025-11-07T16:47:59","slug":"shiba-inu-price-at-risk-as-whales-sell-exchange-reserves-rise","status":"publish","type":"post","link":"https:\/\/bitunikey.com\/news\/shiba-inu-price-at-risk-as-whales-sell-exchange-reserves-rise\/","title":{"rendered":"Shiba Inu price at risk as whales sell, exchange reserves rise"},"content":{"rendered":"<div class=\"post-detail__content blocks\">\n<p class=\"is-style-lead\">Shiba Inu price remains under pressure and is hovering near its lowest level this year as demand wanes. <\/p>\n<div id=\"cn-block-summary-block_67b70b688e401818bb312dfcf939b7c1\" class=\"cn-block-summary\">\n<div class=\"cn-block-summary__nav tabs\">\n        <span class=\"tabs__item is-selected\">Summary<\/span>\n    <\/div>\n<div class=\"cn-block-summary__content\">\n<ul class=\"wp-block-list\">\n<li>Shiba Inu price has formed a descending triangle pattern.<\/li>\n<li>Whales and smart money investors have dumped their tokens.<\/li>\n<li>SHIB exchange reserves have continued falling this year.<\/li>\n<\/ul><\/div>\n<\/div>\n<p><!-- .cn-block-summary --><\/p>\n<p>Shiba Inu (SHIB) token dropped to $0.0000092, a few points above the year-to-date low of $0.0000083. It has been one of the top laggards in the crypto industry, plunging by 72% from its highest point this year.\u00a0<\/p>\n<p>Shiba Inu\u2019s crash has happened because of the lack of demand from investors. Data compiled by CoinMarketCap shows that its volume in the spot market has tumbled to below $200 million. Its futures open interest has also remained substantially low in the past few months.\u00a0<\/p>\n<p>    <!-- .cn-block-related-link --><\/p>\n<p>The drop also happened as whales exited their positions, a sign that investors expect it to drop further. Whales now hold 102 billion tokens, well below the 220 billion they had in late October this year.<\/p>\n<p>Public figures and so-called smart-money investors have recently reduced their Shiba Inu positions. Savvy money investors hold 43 billion tokens, while public figure investors hold 399 billion tokens, down by 23% and 4.8% over the last 30 days, respectively.\u00a0<\/p>\n<p>These dynamics apply to Shiba Inu and other meme coins. A closer look shows that whales have dumped tokens like Pepe and Dogwifhat.\u00a0<\/p>\n<p>On the positive side, the number of Shiba Inu tokens on exchanges has dropped to 277 trillion, down from 295 trillion in October last year.\u00a0<\/p>\n<figure class=\"wp-block-image size-large\"><figcaption class=\"wp-element-caption\">SHIB exchange reserves are falling | Source: Nansen<\/figcaption><\/figure>\n<p>Falling exchange reserves is a good thing as it shows that many holders are moving their tokens to their self-custody wallets. However, this is not enough of a factor to boost its price, as the token faces other challenges. For example, its burn rate and activity on Shibarium have slumped.\u00a0<\/p>\n<h2 class=\"wp-block-heading\">Shiba Inu price technical analysis<\/h2>\n<figure class=\"wp-block-image size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"3574\" height=\"1988\" src=\"https:\/\/bitunikey.com\/news\/wp-content\/uploads\/2025\/11\/1762534072_532_Shiba-Inu-price-at-risk-as-whales-sell-exchange-reserves.webp.webp\" alt=\"shiba inu price\" class=\"wp-image-14432818\"><figcaption class=\"wp-element-caption\">SHIB price chart | Source: crypto.news<\/figcaption><\/figure>\n<p>The daily timeframe chart shows that the SHIB price has been under pressure this month. It has dropped below all moving averages and formed a descending triangle pattern, a common bearish continuation sign.\u00a0<\/p>\n<p>SHIB has already moved below the lower side of the descending triangle pattern and retested it. A break-and-retest usually confirms a bearish breakout.\u00a0<\/p>\n<p>Therefore, it will likely continue falling as bears target the key support at $0.0000075. This view will be confirmed if it drops below the $0.0000083 support level.\u00a0<\/p>\n<p>    <!-- .cn-block-related-link --><\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Shiba Inu price remains under pressure and is hovering near its lowest level this year as demand wanes. Summary Shiba Inu price has formed a descending triangle pattern. Whales and&hellip;<\/p>\n","protected":false},"author":1,"featured_media":1433,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-15491","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency"],"_links":{"self":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/15491","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/comments?post=15491"}],"version-history":[{"count":1,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/15491\/revisions"}],"predecessor-version":[{"id":15492,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/15491\/revisions\/15492"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media\/1433"}],"wp:attachment":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media?parent=15491"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/categories?post=15491"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/tags?post=15491"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}