Shiba Inu has lost 78% in one of the most important metrics for its price, as the seven-day moving average of mean SHIB exchange outflows fell sharply. One of the signals that had previously supported a more bullish interpretation of the token's exchange activity has been eliminated by the significant decline in the seven-day moving average of mean SHIB exchange outflows. The drop comes as exchange withdrawals slow down, leaving Shiba Inu facing yet another potentially troublesome on-chain change.
Shiba InuSeven-day average of mean SHIB exchange outflows plunged 78%, erasing a previously bullish on-chain signal for the token.
