Shiba Inu has seen a significant increase in exchange deposits, with an average inflow of approximately 818.3 million SHIB in 24 hours, breaking through the 800 million threshold. Total inflows reached 287.59 billion SHIB compared to 174.88 billion SHIB in outflows, resulting in a positive netflow of approximately 112.71 billion SHIB, indicating a larger readily tradeable supply that could create selling pressure. Despite this recent uptick, the seven-day moving average of mean exchange inflows has dropped by 36.54%, suggesting the overall trend remains well below previous peaks rather than representing a sustained acceleration. SHIB is currently trading around $0.00000537, above its short-term moving averages but facing long-term resistance around $0.00000560-$0.00000570.
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