According to U.Today, Shiba Inu (SHIB) recorded a net outflow of 485.6 billion tokens from centralized exchanges within a 24-hour period, as reported by CryptoQuant. The data suggests that both retail and whale holders are moving SHIB into self-custody, reducing the immediate risk of large-scale liquidations. Despite the strong outflows, the price remains near critical support at $0.00001224, with weak technical indicators showing no support from key moving averages.
Shiba Inu (SHIB) Sees $485.6 Billion Net Outflows from Exchanges
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