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Arman Shirinyan

101 Billion SHIB Exit Exchanges in 24 Hours as Shiba Inu Sellers Lose Momentum

In the past 24 hours, on-chain data show a net outflow of about 101 billion Shiba Inu tokens from exchanges, signaling a notable shift in market behavior. This movement suggests traders are moving SHIB into private storage, easing immediate selling pressure as the price consolidates within a tightening triangle pattern. If the current pace of exchange outflows persists, the reduced available liquidity could gradually weaken bearish dominance and support a broader recovery attempt.