- SHIB remains in a confirmed downtrend with $0.000005 as the next key support.
- Ripple unlocked 700M XRP as part of structured treasury operations.
- Derivatives and spot markets show limited speculative reaction despite large transfers.
Shiba Inu (SHIB) remains under pressure as weakness across the memecoin sector deepens, while nearly $1 billion in coordinated capital movements across XRP and Ethereum networks signals broader institutional positioning. Together, these developments paint a picture of cautious sentiment and controlled liquidity shifts rather than panic-driven selling.
SHIB Price Outlook Turns Increasingly Bearish
On the daily chart, SHIB’s structure has flipped decisively bearish. After failing to reclaim key resistance levels in February, the token broke below local support, increasing the probability of a move toward $0.000005.
Technical indicators reinforce the negative bias. The Accumulation/Distribution (A/D) line continues to trend lower, pointing to persistent selling pressure. Meanwhile, the MACD has crossed below the zero line, signaling weakening momentum.
Liquidation heatmaps show heavy liquidity clusters between $0.0000062 and $0.000008. If price rebounds into this zone, it could trigger a liquidity sweep before another leg down. On lower timeframes, previous demand areas have flipped into supply zones, suggesting that short-term bounces may attract sellers rather than buyers.
If $0.000005 fails to hold, the next major downside level sits near $0.00000389. For now, momentum favors bears, and any recovery attempts appear fragile.
XRP Escrow Unlocks Approach $1 Billion in Combined Flows
While SHIB struggles, treasury activity dominated headlines across XRP and Ethereum.
On March 1, large transfers began with a $300 million USDC movement across Ethereum wallets, often associated with institutional liquidity rebalancing. Shortly after, Ripple released 200 million XRP from escrow, followed by another 500 million XRP. A final 300 million XRP unlock brought total recent releases to 700 million XRP.
These structured releases align with Ripple’s monthly escrow mechanism, where 1 billion XRP unlocks and unused tokens return to reserve. Circulating supply rose modestly to 61.09 billion XRP, consistent with typical net monthly increases.
Importantly, exchange inflows remained stable, suggesting these transfers were treasury allocations rather than immediate open-market selling.
Derivatives Market Shows Limited Reaction
Despite the scale of XRP movements, derivatives data reveals muted speculation. Open Interest held around $2.24 billion—far below its July 2025 peak. The Long/Short ratio remained balanced near 1.04, and funding rates stayed neutral.
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Spot trading volume also declined by over 25% in 24 hours, reinforcing the view that liquidity adjustments have not sparked aggressive positioning.
SHIB continues to face technical weakness with lower targets in focus, while XRP and Ethereum saw nearly $1 billion in coordinated treasury flows. Yet, markets remain surprisingly calm. For now, institutional liquidity shifts appear controlled—and memecoins like SHIB remain at the mercy of broader risk appetite.
Disclaimer: The information in this article is for general purposes only and does not constitute financial advice. The author’s views are personal and may not reflect the views of Chain Affairs. Before making any investment decisions, you should always conduct your own research. Chain Affairs is not responsible for any financial losses.
I’m a crypto enthusiast with a background in finance. I’m fascinated by the potential of crypto to disrupt traditional financial systems. I’m always on the lookout for new and innovative projects in the space. I believe that crypto has the potential to create a more equitable and inclusive financial system.
