About 92.07 billion SHIB flowed into exchanges on a net basis over 24 hours, up 0.77%, according to CryptoQuant. Inflows totaled 324.28 billion SHIB, compared with outflows of 232.21 billion, indicating growing selling pressure and a larger supply of tokens potentially available for sale. Exchange reserves reached 86.25 trillion SHIB, but their dollar value fell 2.9% to approximately $418.32 million. SHIB traded near $0.00000489, remaining below several major moving averages and the $0.0000050 resistance level, while the Relative Strength Index stayed below 50, pointing to weak buying momentum. A further decline could expose the $0.0000044 support area.
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