Guavy AI Editorial TeamSentiment: 2.5Clout: 40

Shiba Inu Sees Massive Demand Despite Price Drop

Shiba Inu's price dropped 2.83% despite strong accumulation in the market, with 266 billion SHIB tokens moving off exchanges within a single day.

This significant exchange outflow often signals growing demand and investor interest, as traders view it as a sign of accumulation beneath the surface.

However, the price action tells a different story, reflecting ongoing volatility across the broader crypto market. Short-term traders continue taking profits during minor rebounds, creating uneven price movement across trading sessions.