Shiba Inu Exchange Inflows Jump by 531 Billion SHIB, Elevating Short-Term Risk

Shiba Inu saw a sharp rise in exchange deposits as markets head into the weekend. According to on-chain data, more than 531 billion SHIB were transferred to exchanges in less than a day, raising near-term downside risk as the token trades below the 26 EMA and other trend markers, with low momentum and fragile demand.