Approximately 145.9 billion SHIB tokens have been moved to exchanges for selling purposes, according to data from CryptoQuant. Shiba Inu’s netflow has turned bearish, with more tokens flowing to exchanges than being withdrawn, exceeding 145 billion units. Traders are selling their holdings to hedge against potential losses following the recent price recovery. The SHIB price has dropped approximately 4 percent in recent days, risking a retest below the key $0.000005 support level.
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