1,000,002 SHIB Burned in Hours, Yet SHIB Burn Rate Drops 32.29%

Popular market analyst KillaXBT has shared a bold prediction of a Bitcoin super cycle. After multiple failed “super cycle” calls by other market enthusiasts, the anonymous market expert argues that Bitcoin’s defining breakout has yet to begin, highlighting a key market condition.

Metal Market Downtrend, Bitcoin Supertrend

According to KillaXBT in an X post on December 27, the real super cycle will only emerge when capital decisively rotates away from precious metals and into Bitcoin, marking a generational shift rather than a typical crypto rally. Unlike past “premature” super-cycle narratives, driven more by optimism, the analyst references a budding price structure similarity that indicates a massive Bitcoin price rally ahead.

Notably, interest in precious metals is soaring after gold and silver recently reached new ATH prices of $4,500 and $77, respectively. Similar to most analysts, KillaXBT anticipates these precious metals will eventually slip into a multi-year downtrend that will force investors to explore other havens against inflation. In particular, the analyst expects older generations to remain anchored in gold, while a new cohort of capital increasingly chooses Bitcoin as its preferred store of value. As metals underperform, a scarce Bitcoin is tipped to record an unprecedented demand.

The analyst draws a historical parallel between gold in early 1972 and Bitcoin’s current position heading into 2027. In this period, Gold entered a powerful multi-year run as capital sought protection from inflation and currency debasement. KillaXBT argues Bitcoin is approaching a similar inflection point and is set to outperform every major asset class in the next cycle. 

Interestingly, gold, long considered the ultimate store of value, is currently valued at an estimated $31.7 trillion in market cap value. Bitcoin, by contrast, sits near $1.83 trillion. KillaXBT explains that even at a Bitcoin price of $200,000, the network’s market cap would rise to roughly $5 trillion, still about six times smaller than gold, highlighting how early Bitcoin remains in the global asset hierarchy.

This Is The Last Sub $100,000 Bear Market – Analyst

In concluding notes, KillaXBT states that skepticism has accompanied every major Bitcoin rally, consistently peaking just before large upside moves. In past cycles, critics pointed to regulation, environmental concerns, and volatility risks. Today, the fear narrative has shifted to emerging technologies such as artificial intelligence and quantum computing.

The analyst suggests that these concerns may once again pressure investors out of the market prematurely. However, KillaXBT is taking a bullish stance as they believe the current phase could represent the final prolonged bear market in which Bitcoin trades below $100,000. However, they warn that investors should expect the supercycle boom in 2027, as 2026 is likely to be a bearish period.

In a recent market update, CryptoQuant analyst has noted that the total outflows from the all-time high (ATH) have now reached a staggering $5.55 billion.

Are investors panicking? 

Bitcoin evangelists often argue that ETFs represent "sticky capital." When retail investors panic, institutions hold. They claim that giants like BlackRock and Fidelity have long-term horizons. Therefore, ETF flows are "diamond hands." It is viewed as a stabilizing force that dampens volatility and absorbs market shocks (passively).

At the same time, the chart displays a drawdown significantly deeper than the major correction of March 2025. The red shaded area, which represents the magnitude of capital flight, has plunged to a new record low. The money has just left. 

If the white line (the Bitcoin price) continues to plummet toward the grey line (the ETF realized price), average institutional holders will be underwater.

Previous drawdowns, for comparison, saw rapid V-shaped recoveries. Some institutional investors likely rushed to buy the dip.

However, this crash indicates that institutional investors are not immune to fear. The capital was "flushed" rather than held. This, of course, challenges the thesis of perpetual institutional support.

The SoSoValue dashboard reveals a daily net outflow of -$275.88 million as of Dec 26. The bleeding is led by the market leader, BlackRock's IBIT, which dumped -$192.61 million in a single day. If the supposed "savior" of the market is selling, the safety net is gone

The cumulative net inflow remains at a massive $56.62 billion, but the narrative of "eternal accumulation" is now being tested. 

Spot Bitcoin exchange-traded funds (ETFs) recorded heavy outflows over Christmas week, with investors pulling a combined $782 million from the products, according to data from SoSoValue.

The most significant single-day withdrawal during the period occurred on Friday, when spot Bitcoin (BTC) ETFs posted $276 million in net outflows. BlackRock’s IBIT led the losses with nearly $193 million exiting the fund, followed by Fidelity’s FBTC at $74 million. Grayscale’s GBTC also continued to see modest redemptions.

Total net assets across US-listed spot Bitcoin ETFs fell to roughly $113.5 billion by Friday, down from peaks above $120 billion earlier in December, even as Bitcoin prices held relatively steady near the $87,000 level.

Notably, Friday marked the sixth consecutive day of net outflows for spot Bitcoin ETFs, making it the longest withdrawal streak since early autumn. Over this six-day stretch, cumulative outflows exceeded $1.1 billion.

In a recent social media post, gold bug Peter Schiff has rejected the narrative that Bitcoin could be viewed as a non-inflatable ledger for storing economic energy.

Bitcoin as a battery? 

Schiff is responding to the specific narrative championed by MicroStrategy CEO Michael Saylor and other Bitcoin maximalists.

Saylor often argues that money is essentially "economic energy." When you work, you expend energy. 

When you are paid, you are storing that energy to use later. He argues that fiat currency "leaks" this energy, and gold is difficult to transport. Therefore, Bitcoin is "digital energy". It is viewed as a battery that stores your economic output without loss over time and can be transmitted anywhere (almost instantly).

Uber-bull Saylor and other Bitcoin evangelists are not alone. In a recent podcast appearance, Tesla CEO Elon Musk described it as a "fundamental physics-based currency" because of its intrinsic tie to energy consumption. Interestingly enough, Musk predicted that the concept of money itself would eventually become obsolete. He envisions a post-scarcity world driven by AI and robotics.

The counter-argument 

At the same time, one cannot extract electricity back out of a Bitcoin. The energy used to mine Bitcoin is consumed at the moment of creation. It is gone forever. If the power grid goes down, holding 1 BTC gives you zero watts of power, which is exactly the point that Schiff is making. Therefore, literally speaking, it "stores" no energy.

Gold mining, for comparison, also consumes massive amounts of energy (diesel, electricity). However, Schiff argues this is not waste because the end product is a physical metal that is needed for electronics, dentistry, aerospace, and jewelry. The energy was "converted" into a useful industrial commodity. 

XRP is slowly entering one of the most important structural phases in its history. Price action has been mostly bearish and sentiment across the broader crypto market has been cautious, but on-chain data tells a very different story. 

Data from Glassnode shows XRP balances on centralized exchanges falling to around 1.5 billion XRP, their lowest in over a year. This trend is unfolding alongside accumulation from newly launched XRP ETFs, creating conditions that could change the altcoin’s price dynamics heading into 2026.

XRP Exchange Balances Fall To Multi-Year Lows

Data from Glassnode’s XRP balance on exchanges metric points to a clear and persistent downtrend in balances held on crypto exchanges throughout 2025. Earlier in the year, about 4 billion XRP sat on centralized platforms. 

Since then, balances have steadily declined, with a particularly sharp drop visible in the fourth quarter of the year. As it stands, exchange-held XRP has compressed toward the 1.5 billion mark, one of the lowest levels recorded in recent years.

This decline has occurred despite the current downtrend in XRP’s price action, meaning that some holders are increasingly opting to move tokens into longer-term custody, even as some others are selling off their holdings. This trend is important for bullish momentum, as falling exchange balances reduce near-term sell pressure and make cryptocurrencies more sensitive to incoming demand.

At the center of this supply contraction are US-based Spot XRP ETFs, which have risen as a powerful new source of demand. Market estimates indicate that about 750 million XRP have been absorbed by the six Spot ETF products since the first one launched in November. 

As ETFs continue pulling XRP off exchanges, the pool of liquid supply available to the spot market keeps shrinking. This dynamic does not force an immediate price response, but it changes the balance between supply and demand, and we could start to see the effects on the crypto in 2026.

Weekly Chart Points To Exhaustion As XRP Sits On Support

While on-chain data highlights tightening supply, technical conditions are beginning to reflect a similar theme. Crypto analyst Steph Is Crypto recently pointed out that XRP is now sitting on an important horizontal support zone on the weekly timeframe. 

The chart shows XRP’s price action is now compressing into the $1.90 to $2.00 range after an extended decline from mid-2025 highs near $3.50, placing XRP back at a level that previously acted as a launch point earlier in the cycle. 

Furthermore, the weekly Stochastic RSI is now in extreme oversold territory and this means that selling pressure has already done much of its work.

Steph’s analysis noted that turning points tend to form when downside momentum is exhausted and there is little energy left for sellers to continue pushing price lower. Based on this, traders can expect XRP to transition into bullish momentum in early 2026.

Featured image from Gemini, chart from TradingView

According to CoinGlass data, Shiba Inu saw $6.71 million in futures outflows in the last 24 hours, which translates to 933,890,048,712 SHIB.

Outflows remain significant as it suggests buying on the part of derivatives traders even as Shiba Inu attempts year end recovery.

Following days of drop toward the Christmas holiday, Shiba Inu reversed at a low of $0.00000698; however, bulls were unable to make a definitive move.

Shiba Inu resorted to range trading between $0.00000698 and $0.00000729, where it still remains even at the time of writing.

Shiba Inu was trading up 0.05% in the last 24 hours to $0.000007224 but down 2.83% in the last seven days. The current price action in the markets suggests investors are reassessing risk appetite in year-end positioning.

SHIB has spent weeks trending downward, frustrating bulls. On the other hand, it seems the forces shaping the next move are quietly shifting beneath the surface. Some analysts believe that the market may be far closer to an inflection point than price action alone suggests.

2026 presents optimism

2025 may end with prices in the red, the year saw real institutional adoption, setting the groundwork for 2026’s next phase of real activation.

In a recent report, Galaxy revealed 26 crypto, Bitcoin, DeFi and AI predictions for 2026.

Among such predictions that might benefit Shiba Inu is that of potential ETFs in the year 2026. Shiba Inu saw an inclusion in legacy asset manager T.Rowe crypto ETF filing, a remarkable milestone for the dog coin, signifying institutional interest.

Galaxy predicts more than 50 spot altcoin ETFs and another 50 crypto ETFs (excluding spot single-coin products) will launch in the U.S. Following the SEC’s approval of generic listing standards, Galaxy expects the pace of spot altcoin ETF launches to accelerate in 2026.

2025 saw more than 15 Solana, XRP, Hedera, Dogecoin, Litecoin and Chainlink spot ETFs coming to the market. Galaxy expects other major assets to follow with their own spot ETF filings. In addition to single-asset products, multi-asset crypto ETFs and leveraged crypto ETFs are predicted to launch.