Shiba Inu Signals Early Momentum Shift as 23,537,600,000 SHIB Leave Exchanges
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23,537,600,000 SHIB withdrawn from exchanges in the past 24 hours, signaling a major CEX outflow and reduced immediate sell-side supply in the crypto market. On-chain exchange-flow and wallet activity show selling pressure easing and accumulation emerging, though SHIB remains in a broader downtrend. Market impact: a possible bullish catalyst for the token if outflows continue; monitor on-chain metrics, DEX/CEX liquidity and adoption for confirmation.
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Shiba Inu is beginning to show early signs of a potential momentum shift, as more than 23 billion SHIB tokens have been withdrawn from crypto exchanges within the past 24 hours. Although Shiba Inu remains in a broader downtrend, subtle behavioral changes, particularly in exchange flows and wallet activity, suggest that selling pressure is easing while accumulation is gradually emerging.
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