Arab Chain2025-11-30

SHIB’s trading volume reached $1.21 billion in November, its lowest level since last July

Monthly trading volume data for Shiba Inu (SHIB) across centralized exchanges (CEXs) shows a clear slowdown in market activity during November , with total trading volume reaching approximately $1.21 billion the lowest level since July. This decline indicates a significant decrease in liquidity and a drop in trader interest compared to previous months, which saw much higher activity, particularly during the first half of the year. Examining the distribution of trading volumes by platform, Binance continues to dominate with $446.06 million — the highest among cryptocurrency exchanges. Upbit follows with $210.28 million, then Gate.io with $128.15 million, KuCoin with $174.92 million, and Coinbase with $78.71 million. Bybit recorded $48.30 million, Bitget approximately $52.01 million, and Bithumb Korea around $75.02 million. This overall decline in trading volumes reflects a waning of speculative momentum and a weakening of traders’ risk appetite, suggesting that SHIB is entering a period of relative calm after months of volatility and intense activity. The reduced liquidity also implies that future price movements may become more sensitive to limited inflows, potentially leading to sharper swings in the event of unexpected news or catalysts.