Shiba Inu Sees Net Outflow of 97,177,600,000 Tokens in 24 Hours—Whales Buying the Dip?
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Shiba Inu (SHIB), the second-largest meme coin by market cap, saw a net outflow of 97,177,600,000 tokens from exchanges in the past 24 hours, signaling significant whale withdrawals and lower on-exchange supply. SHIB price rebounded ~5% over 24 hours; bullish exchange activity and whale accumulation point to potential upside for the token, impacting crypto market sentiment, token liquidity and adoption.
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Shiba Inu, the second-largest meme coin by market cap, has seen a bullish exchange activity aligning with its price action in the past 24 hours. Shiba Inu (SHIB) has rebounded 5% on the day, joining a broader market trend.
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