SHIB Rally Hitting a Wall? On-Chain Data Screams Caution 🚨
The recent $SHIB comeback looks hot, but the underlying metrics are flashing red for a potential pause. Massive liquidity is piling onto exchanges—192 billion $SHIB just hit platforms. This exchange netflow spike is the clearest warning sign, suggesting holders are prepping to dump.
Exchange reserves are also creeping up past 82 trillion $SHIB, meaning supply is getting easier to access for sellers. Historically, this precedes stagnation or drops after a pump. Active addresses are up, but not fast enough to absorb this incoming supply pressure.
The picture is clear: the rally is real, but the conviction buying isn't matching the rising sell-side liquidity. Expect turbulence near major resistance zones where sellers are waiting. Proceed with extreme care. 🧐
#SHİB #CryptoAnalysis #OnChainData #MarketWarning
