CryptoQuant: Nearly 490B SHIB Left Exchanges on May 24 as Price Holds Range

Shiba Inu (SHIB) moved mostly sideways on Tuesday after a volatile week, with the token down nearly 4% over the past seven days. CryptoQuant data showed nearly 490 billion SHIB were withdrawn from centralized exchanges on May 24, while Coinglass reported SHIB futures flows fell 3131% in 24 hours with net outflows of $530,000. SHIB was last quoted at $0.000005609, down 1.25% over 24 hours, as analysts highlighted triangle and wedge patterns that could precede a larger move.