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As into the block The number of Shiba Inu tokens sold exceeded the number of purchases by 37.11 billion, bringing the total sales in the last 24 hours to the 1 trillion SHIB mark. Sellers have been putting pressure on Shiba Inu since Tuesday, with the delta between selling and buying tokens already at 229.7 billion SHIB at that point.
However, although bear numbers are increasing, Shiba Inu Although rising, the number is still inferior to the weekly number of bulls.Therefore, since the beginning of April, the number of people who believe that the price of Sibu Given that IntoTheBlock only counts addresses that trade at least 1% of the total daily token volume, those 10 differences are very significant.
Shiba Inu (SHIB) price movement
Shiba Inu’s change in initiative from bullish to bearish is also clearly visible in the token’s price chart. From the peak set at the beginning of the week, SHIB Price It fell 6.5% by the end of the week, breaking below $0.000011 again.
To put it into perspective, SHIB, like other cryptocurrency markets, remains confused in the middle of the price range without a clear direction. That volatility silence could be broken as early as next week, however, against the backdrop of the Fed’s Open Market Committee meeting.
