Top-10 Shiba Inu (SHIB) Wallets Slow Down Exchange Deposits to Mere 2 Billion Tokens in 24 Hours

According to the CryptoQuant data , the top-10 wallets have deposited 2 billion Shiba Inu tokens in the last 24 hours. The data shows that the wallets have deposited a little more than 2 billion SHIB at $0.00000446. These whales have deposited 2.281 billion SHIB over the past 24 hours, according to data from CryptoQuant. The total Shiba Inu exchange reserves currently sit at 86.1617 trillion SHIB worth $384.28 million. CryptoQuant also spotted another 3.4772 billion SHIB withdrawn from exchanges over the past 24 hours. The statistics on exchange net flow paint a somewhat different picture. Over the past 24 hours, SHIB saw 20.0745 billion tokens in negative net flow on all major exchanges. If whales move their funds to exchanges en masse, this usually means short-term selling pressure.

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