The post SHIB Eyes Liquidity Crunch Amid 910% Surge in Deflationary Metric appeared on BitcoinEthereumNews.com.

Shiba Inu (SHIB) bulls appear ready to push price up toward the $0.00001 level, or prevent further slips at least. Data from Shibburn, a platform that tracks deflationary activities in the ecosystem, reveals that bulls have kept total burn activity up by 910.98%. Shiba Inu bulls target supply reduction In the last 24 hours, Shiba Inu’s bulls sent a total of 4,369,584 SHIB to dead wallets in renewed efforts to reduce the circulating supply. The move comes as SHIB fluctuates within a price range of $0.058491 and $0.059009 in the last 24 hours. The Shiba Inu ecosystem has always relied on the burn mechanism to control available supply. The community hopes that by limiting circulating supply, scarcity could make prices appreciate, or stabilize and prevent further decline. With the removal of more than 4.37 million SHIB permanently from circulation, this brings the total SHIB burnt from the initial supply to 410.75 trillion. The total supply in the ecosystem now stands at 589,245,769,952,109 SHIB. Out of this amount, 585406,785,022,741 SHIB remain in the circulating supply. Shiba Inu Burn Chart | Source: Shibburn The remaining 3,839,011,929,368 SHIB are staked and do not contribute to the added volatility of the meme coin. With Shiba Inu bulls fighting to keep the price stable, trading volume has also stayed green and remains up by 8.08% at $179.96 million. However, exchange flows suggest that selling pressure might be building given the broader meme coin sector decline within this period. SHIB price dips despite rising volume As of press time, Shiba Inu exchanges hands at $0.000008597, which represents a 2.11% decline in the last 24 hours. The price decline has been attributed to profit-taking by short-term traders after SHIB failed to break a key resistance level. You Might Also Like On the positive side, Shiba Inu’s Relative Strength Index (RSI)…

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Filed under: News - @ January 15, 2026 10:24 am