SHIBA INU (SHIB)

$SHIB $​DOGE and even $​BTC all struggle from lack of inflows, despite trading near local bottoms https://t.co/ixqSk1Bz6G

Shiba Inu coin whales pull 781 billion SHIB off exchanges as token fights its way back to top-30 $SHIB https://t.co/iSorHuzwTa

#ShibaInu remains firmly in bearish territory, with the token plunging to a five-year low of $0.00000404 on June 25, Interestingly, the price decline has coincided with a sustained wave of exchange withdrawals that began on June 25.

According to CryptoQuant’s exchange netflow metric, which measures the difference between exchange inflows and outflows, investors withdrew 158.35 billion $SHIB from exchanges on June 25 alone. The accumulation trend continued over the following days:

June 26: 85.72 billion SHIB withdrawn
June 27: 125.55 billion SHIB withdrawn
June 28: 124.15 billion SHIB withdrawn

In total, investors removed approximately 494.77 billion SHIB tokens from exchanges between June 25 and June 28.
https://t.co/5PTcfEoEUu