Shiba Inu’s Big Rally Might Crash! 192B SHIB Deposited 🚨

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Shiba Inu’s comeback is so impressive, it’s like watching a penguin try to fly 🐧✨. But hold your horses-those on-chain metrics are whispering, “Not so fast!” 🕵️♂️💸

Liquidity is piling up

Exchange netflow is like a red flag waving in the wind. If you see a sharp positive turn, it’s time to grab your popcorn and watch the drama unfold 🍿. In a blink of an eye, 192 billion SHIB have been deposited on exchanges. Because nothing says “I’m ready to sell” like a massive deposit! 💸

Exchange reserves, now back above 82 trillion SHIB, are like a crypto version of a “Selling Soon” sign. Increasing reserves mean more tokens are floating around, and history shows that’s usually a prelude to a price drop. Or at least a very dramatic pause. 🧨

Active addresses on the rise

Active addresses are the third metric to keep an eye on. Although there has been a slight increase in the number of active wallets, the growth rate is still slower than a tortoise on a coffee break. 🐢☕ Slow and steady might win the race, but in crypto, it’s more like slow and steady might get left behind.

Alongside the price, healthy rallies usually exhibit robust and accelerating address growth. Lastly, the number of transactions has slightly increased, but context is important. Growth in transactions without a corresponding drop in exchange reserves frequently indicates short-term trading rather than long-term accumulation. Basically, everyone’s dancing but no one’s committing. 💃🕺

To put it another way, tokens are moving, but conviction buyers are not always locking them away. Shiba Inu has experienced a significant price increase following a protracted decline, regaining short-term levels and causing momentum indicators to turn positive. The asset is still below significant long-term resistance levels, though. Because nothing says “I’m a patient investor” like ignoring those red flags. 🚩

Historically, sellers have been drawn to these locations, particularly when exchange deposits are increasing. When combined, these four metrics present a cautious image. Although the rally is genuine, long-term demand indicators are not confirming it, and supply is rising. It’s like a party where everyone’s having fun, but no one’s bringing snacks. 🍔😅

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2026-01-05 17:17