Shiba Inu is seeing another substantial shift in exchange flows, with roughly 406 billion $SHIB separating the latest inflow and outflow figures. The data currently favors withdrawals, potentially reducing the amount of $SHIB immediately available for sale while the token attempts to maintain its recent recovery.
Pressure on exchanges
Exchange inflows currently stand at approximately 287.2 billion $SHIB, while outflows have reached 356.7 billion. More importantly, total exchange netflow is negative at roughly 101.2 billion $SHIB. Negative netflow generally indicates that more tokens are leaving centralized exchanges than entering them, which can reduce immediate sell-side liquidity.
