The post 1,535,066 SHIB Burned but Shiba Inu Burn Rate Drops 43% appeared on BitcoinEthereumNews.com.
More than 1.5 million SHIB were burned in the last 24 hours; however, the SHIB burn rate failed to rise. The Shiba Inu daily burn rate remained in the red as even fewer SHIB were burned from the past day. According to the Shibburn website, 1,535,066 SHIB were burned in the last 24 hours, with the burn rate dropping 43%. The Shiba Inu daily burn rate has steadily declined since May 27, when over 7 million SHIB were burned. Following a slight rise to above 3 million SHIB on May 29, the decline continued, leaving the daily burn rate in the red. Why Traders Are Loading up on XRP at $1.34, Bitcoin Triggers Major Red Flag for Lower Low, Is It Time to Sell Solana for Hyperliquid (HYPE)? – Morning Crypto Report XLM Shoots Up 60%, XRP Left in Dust You Might Also Like 20,142,516 SHIB were burned in the last seven days, with the burn rate declining on a weekly basis. According to Shibburn, the SH
The post SHIB Price Prediction: Technical Coiling Pattern Eyes 20% Breakout Within Weeks appeared on BitcoinEthereumNews.com.
Caroline Bishop
May 30, 2026 08:08
SHIB’s RSI at 36.71 and zero MACD histogram signal a momentum vacuum that typically precedes explosive moves. Current technical setup favors upside targeting 17-20% gains.
SHIB’s Technical Reality Check The charts reveal a story of indecision, and that’s precisely when the biggest moves materialize. SHIB’s RSI sitting at 36.71 places it in neutral territory where neither bulls nor bears demonstrate conviction. The MACD histogram reading exactly zero represents more than consolidation – it’s a complete momentum vacuum. The Bollinger Band position at 0.27 confirms SHIB is hugging the lower end of its trading range without reaching oversold levels that trigger automatic buying. This configuration resembles a coiled spring – the type of technical setup that breaks violently in either direction within days. Blockch
The post SHIB OI, Deleveraging, and Meme Liquidity in Weak Tapes appeared on BitcoinEthereumNews.com.
When the market feels tired and ranges compress, traders often gravitate to instruments that still move. In 2026, that heat frequently lives in meme liquidity. For Shiba Inu (SHIB), the tug-of-war between futures and spot can dictate intraday direction even when the broader market stalls. This article explains why SHIB open interest (OI) and liquidity structure still matter in weak tapes, how to read the signals without getting trapped by noise, and what a disciplined playbook looks like when derivatives dominate flows.
Aspect
What to Know
Open Interest (OI)
Context beats the headline. Rising OI can mean new risk added; falling OI often flags position reduction or deleveraging.
Futures vs Spot
On May 31, 2026, SHIB’s ~$44.55M futures volume dwarfed ~$8.83M spot, with OI at ~$46.72M, showing derivatives-led price discovery (CoinGlass (Shiba Inu page)).
The post Shiba Inu (SHIB) is Really Close to Dropping Off the 80 Trillion Threshold First Time in Ages appeared on BitcoinEthereumNews.com.
On-chain data indicates that SHIB exchange reserves are currently at about 80.03 trillion tokens, which has long served as a significant structural and psychological benchmark for the asset. The amount of SHIB held on exchanges may soon drop below 80 trillion for the first time if the current trend continues, which would represent a historic change in the supply dynamics of the token. SHIB/USDT Chart by TradingView The total quantity of a cryptocurrency that is accessible on trading platforms is represented by exchange reserves. A decrease in reserves typically means that investors are taking assets off the market and putting them in private wallets instead of preparing to sell them immediately. This lowers the liquid supply and, if demand stays steady or rises, can foster favorable conditions for price appreciation. The fact that the 80 trillion l
SHIB derivatives lead spot: $46.72M open interest and 5x futures/spot volume show why meme liquidity shapes price in weak tapes. Practical signals and steps.
Traders pulled over 204 billion SHIB tokens off exchanges in a single day, a 3.6% jump from the day before, even as demand for Shiba Inu futures contracts slid sharply. Related Reading: Bitcoin’s 4-Year Rhythm Is Still Playing Out, Says Crypto CEO Futures Flow Turns Negative Data from Coinglass shows that futures outflows hit $5.6 million over the past 24 hours, outpacing inflows of $4.74 million. The net gap — roughly $865,790 in closed contracts — effectively removed 156.56 billion SHIB tokens from the futures market in one session. Open interest, which tracks the total value of active futures positions, fell 6% to over $49 million over the same period. The 24-hour futures trading volume also slipped 0.88% to $78.6 million as activity across the derivatives market stayed thin. The pullback in futures demand tracks with SHIB’s price behavior over the past four days, during which the token has barely budged. The coin hasn’t moved more than 2% in either direction, leaving derivative tra
The Shiba Inu (SHIB) price has remained under strong pressure this year as weak demand and fading market momentum continue to weigh on the meme coin. Beyond the price decline, new data now show that Shiba Inu’s Open Interest (OI) has crashed by more than 30%, while its burn rate has also slowed significantly. The decline in these key metrics points to weakening investor interest, lower trading activity, and reduced network engagement. Combined with Shiba Inu’s ongoing price struggles, these growing bearish signals have raised concerns about whether Shiba Inu is losing the strength that once made it the second-largest meme coin in the crypto market. Shiba Inu Open Interest Crashes As Price Plummets On May 27, data from Coinglass revealed that Shiba Inu’s Open Interest had dropped by 6% to $49.4 million, signaling weakness in futures activity and a decline in investor confidence in the meme coin. During the same period, Shiba Inu’s futures flow plunged by a staggering 190%, with outflow
A huge shake-up is expected in the meme coin market as investors shift funds from older meme coins, such as Doge and Shiba Inu, to newer meme coins with high-growth ecosystems, significant upside, and momentum that can outperform these older assets. Despite having peaked, DOGE and SHIB still have major
Shiba Inu is now more than an underdog. With Shiba Inu’s $3.8B market cap, many traders now look for higher growth potential in newer, high-upside tokens. The project matured into one of crypto’s biggest meme ecosystems, built its own Layer-2 network, and secured a loyal community that still keeps SHIB