The amount of Shiba Inu available on exchanges has reached 86 trillion tokens after crossing the bullish threshold of 85 trillion. Exchange inflows are up 606% on their seven-day moving average, while the net flow remains positive at 42 billion SHIB tokens over 24 hours. This increase in available liquidity adds to the selling pressure on an already oversold asset that has struggled since early October. SHIB’s price has fallen by more than 28%, the Relative Strength Index is hovering around 30, and trading volumes remain relatively flat. The continuous inflow of tokens to exchanges therefore risks prolonging the downward trend in the near term.
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