With only 538 withdrawal transactions recorded recently, Shiba Inu shows a marked disinterest from its holders in keeping their tokens off exchanges. The net flow remains positive at 63.49 billion SHIB into exchanges, a bearish signal as these tokens can be sold quickly. Exchange reserves increased by 0.07% in one day to reach 87.11 trillion SHIB, indicating that holders are not transferring their coins to private wallets. SHIB price oscillates around $0.00000503, down from $0.00000600 in early October, and the RSI near 40 indicates that sellers still control the market.
Source: Read the original article


