Shiba Inu has experienced a 78% decline in its seven-day moving average of exchange outflows, dropping to approximately 421.6 million SHIB, compared to a 55.75% decrease over the previous period. This contraction signals a significant shift in holder behavior, as investors were traditionally moving tokens off exchanges into personal storage, a historically bullish indicator. Netflow is now positive at approximately 2.31 billion SHIB, meaning more tokens are entering exchanges than leaving them. Despite a slight improvement in network activity, with transaction volume up 1.22% and active addresses up 1.13%, the price remains trapped between $0.0000050 and $0.0000052, with the long-term moving average around $0.0000056-$0.0000057 continuing to act as a major resistance barrier.
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