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Shiba Inu price at risk of deeper dive as whales capitulate

Shiba Inu price remained under pressure Thursday as holders continued to capitulate amid the ongoing crypto market downturn. Shiba Inu (SHIB) dropped to $0.00001275, its lowest level since May 9, and is now down 28% from its May peak. The meme coin has struggled in recent weeks as demand weakened and investors began exiting positions … Read more

Bitcoin price tanks as short-term holders capitulate, echoing August 2024 crash, analysts say

A wave of short-term holder capitulation is now driving Bitcoin’s price lower, reinforcing bearish pressure, analysts at Glassnode warn. The price of Bitcoin (BTC) is now under strong selling pressure as short-term holders have started offloading their coins at a loss, much like past market downturns, according to a Glassnode research report. Since January, the … Read more

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