81 Billion Shiba Inu (SHIB) Traded in 24 Hours: There's Hope

Shiba Inu is showing an extraordinary sign of strength. Exchange data shows a large amount of SHIB leaving trading platforms, and the price is holding up at $0.00000514, up 3.92% in 24 hours. Netflow, which is coins entering exchanges minus coins leaving them, reads negative 32.76 billion SHIB. A negative number means more tokens went out than came in. Holders usually move coins off exchanges to keep them in private wallets, so this often points to less selling pressure. The reserve chart supports this. Total SHIB on exchanges fell sharply in the middle of the last seven days and has stayed low since. The reserve now sits at 87.09 trillion tokens and moved just 0.02% in 24 hours, so the drop has not reversed. Network use is growing too.

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