251 Billion Shiba Inu (SHIB) Inflows: Are Investors Going Away?

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Over 251 billion SHIB were transferred to centralized trading platforms in 24 hours, with a net flow of only 3.45 billion SHIB after accounting for outflows. Exchange reserves remained stable at approximately 87.26 trillion SHIB, suggesting this is not a massive selloff. SHIB price sits at $0.00000485, just below the 100-day moving average, while the RSI indicator stands at 58, indicating a consolidation phase. The article suggests these flows reflect trader repositioning rather than investor capitulation, with investors adjusting their exposure while awaiting a significant move.

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Telemac
Telemachttp://cryptoinfo.ch
Passionné de nouvelles technologies, j’explore l’univers de la blockchain et des cryptomonnaies pour partager l’actualité et les innovations du secteur.

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