Shiba Inu recorded a net outflow of 145 million tokens from exchanges, a development that analysts view as a bullish signal. The token’s price declined over the past 24 hours, but the exchange activity suggests investors are moving holdings to private wallets, reducing immediate sell pressure. The netflow figure indicates that withdrawals exceeded deposits by 145 million SHIB during the period. This divergence between price action and on-chain flows often precedes a potential trend reversal.
Shiba InuNet outflow of 145 million tokens from exchanges reduces sell pressure, a bullish on-chain signal despite recent price decline.