Shiba Inu Selling Pressure Eases as Investors Withdraw 125B SHIB From Exchanges in a Single Day

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The Crypto Basic 3 hours ago 131

Shiba Inu Selling Pressure Eases as Investors Withdraw 125B <a href='https://market.bitrss.com/coin/shiba-inu' rel='noopener' target='_blank' class='crypto-highlight' title='SHIB Market Overview'>SHIB ($0.00)</a> From Exchanges in a Single Day

Despite Shiba Inu persistent price weakness, the exchange reserve metric suggests investors are aggressively pulling SHIB off exchanges. CryptoQuant data indicate that holders are withdrawing SHIB from exchanges at a rapid pace, a trend that could help alleviate selling pressure on the top meme coin.

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