The value of Shiba Inu held on exchanges fell to $331.96 million, a 6.81% decline in one day, according to CryptoQuant. The amount could drop below $300 million for the first time in four years if outflows continue. About 86 trillion SHIB still remain on exchanges, while 45.9 billion SHIB left exchanges over the past 24 hours. The token fell to around $0.0000037 on November 14 and its relative strength index dropped below 30; a further 11% decline to roughly $0.0000035 would bring exchange reserves below the $300 million threshold.
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