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Home»Altcoins»Shiba Inu reserves plunge to record lows – Are holders moving to cold storage?
Altcoins

Shiba Inu reserves plunge to record lows – Are holders moving to cold storage?

March 18, 2025No Comments4 Mins Read
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Shiba Inu, one of the popular meme coins in the cryptocurrency market, has been facing a significant decline in its exchange reserves. According to recent data, the exchange reserve of Shiba Inu has plummeted to a historic low of 93.5 trillion SHIB, marking a sharp drop from the 135.4 trillion SHIB recorded in January 2025.

This downward trend in exchange reserves has been accompanied by a substantial decrease in SHIB’s value. Since December 2024, Shiba Inu has lost over 60% of its value, dropping from $0.0000329 to a recent low of $0.000013. The decline in exchange reserves indicates a growing trend of holders moving their SHIB tokens out of exchanges and into cold storage.

Furthermore, on-chain data reveals a significant exit of long-term holders (LTHs) from Shiba Inu. Many long-term holders from the 2021 batch have accumulated a large portion of the supply at low prices before offloading at key price peaks, triggering sharp corrections in the price of SHIB.

In addition to the decrease in exchange reserves, Shiba Inu has experienced a surge in its burn rate. Over the past 24 hours, SHIB’s daily burn rate skyrocketed by an impressive 49,552%, with 13.29 million SHIB permanently removed from circulation. This increase in burn rate is a positive sign for SHIB holders, as it indicates a reduction in the overall supply of SHIB tokens.

As SHIB continues to face challenges in the market, tracking whale movements becomes crucial for predicting its future performance. An increase in whale inflows could signal a market bottom for SHIB, presenting an attractive opportunity for investors to buy the dip.

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In conclusion, Shiba Inu’s exchange reserve hitting a historic low, coupled with a surge in burn rate and a decline in long-term holders, paints a mixed picture for the meme coin. While the current market conditions are challenging, the shift towards cold storage and active supply reduction could potentially boost SHIB’s long-term value if demand remains steady. Investors are advised to closely monitor whale movements for potential buying opportunities amidst the ongoing market volatility. As technology continues to advance at a rapid pace, the possibilities for innovation seem endless. One of the most exciting areas of development in recent years is artificial intelligence (AI). AI is revolutionizing industries across the board, from healthcare to finance to transportation. But what exactly is AI, and how is it changing the world as we know it?

At its core, AI is a branch of computer science that aims to create machines that can perform tasks that typically require human intelligence. These tasks can range from simple decision-making to complex problem-solving. AI systems are designed to learn from data, recognize patterns, and make decisions based on that information.

One of the most common applications of AI is in the field of machine learning. Machine learning is a subset of AI that focuses on enabling machines to learn from data without being explicitly programmed. This allows AI systems to improve their performance over time as they are exposed to more data and make more decisions.

One of the most exciting applications of AI is in the healthcare industry. AI-powered systems can analyze medical images, such as X-rays and MRIs, to detect diseases and abnormalities more accurately and quickly than human doctors. AI can also be used to help predict patient outcomes and personalize treatment plans based on individual patient data.

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In the finance industry, AI is being used to detect fraud, optimize investment strategies, and improve customer service. AI-powered chatbots are becoming increasingly common in customer service, providing quick and accurate responses to customer inquiries.

In the transportation industry, AI is revolutionizing autonomous vehicles. Self-driving cars are becoming a reality thanks to AI algorithms that can analyze real-time data from sensors and cameras to navigate roads safely and efficiently.

But AI is not without its challenges. Ethical concerns, such as bias in AI algorithms and the potential for job displacement, are important considerations as AI becomes more integrated into our daily lives. It is essential for developers and policymakers to address these issues to ensure that AI is used responsibly and ethically.

Overall, AI has the potential to revolutionize industries and improve our quality of life in countless ways. By harnessing the power of AI, we can unlock new possibilities and drive innovation forward. As AI continues to evolve, it will be fascinating to see how it shapes the world around us in the years to come.

Cold holders Inu lows Moving plunge record reserves Shiba storage
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