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Guavy AI Editorial TeamSentiment: 2Clout: 40

Shiba Inu Exchange Outflows Reach Record High

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Shiba Inu's exchange outflows have reached 84 billion tokens within a 24-hour period, according to on-chain metrics provided by CryptoQuant. This large volume of tokens leaving exchanges suggests that holders are accumulating assets, reducing immediate selling pressure and potentially supporting price stability during uncertain phases.

The netflow remained negative, indicating that withdrawals exceeded deposits during this period. Additional data from Coinglass shows a small gap between spot inflows and outflows, with $181,350 more in outflows than inflows. At the current price level, this difference is equal.