Shiba Inu displays a bullish signal with 40 billion SHIB moved off exchanges. According to CryptoQuant data, Shiba Inu’s exchange netflow has turned bullish after recording a negative balance of over 40 billion tokens in the last 24 hours. This netflow of -40,506,300,000 SHIB indicates that more tokens are being withdrawn from exchange platforms for buying purposes rather than sold. Market analysts believe this growing demand could help Shiba Inu break through and hold above $0.000006 if momentum continues. The token has been trading above $0.000005 since its last major rally in August.
Source: Read the original article
