157 Billion SHIB Moved to Exchanges in 24 Hours as Price Holds Near $0.0000055

More than 157 billion SHIB flowed into centralized exchanges over the past 24 hours, a move typically signaling rising intent to sell. SHIB is trading around $0.0000055 and remains below key moving averages in a broader downward trend. The surge in exchange deposits, alongside medium-term indicators pointing lower, suggests sellers still dominate and any recovery may face notable resistance.