Shiba Inu Exchange Inflows Surge to 818 Million SHIB

Shiba Inu's exchange inflows have risen to 818 million SHIB, indicating potential selling pressure according to Bitget. This is a significant increase from the previous period, with an average of 835 million SHIB in recent transactions moving tokens onto trading platforms.

The total exchange inflows reached 287.59 billion SHIB during the latest assessment interval, while outflows registered only 174.88 billion SHIB. This led to a positive netflow of 112.71 billion SHIB, indicating a net increase in the amount of SHIB controlled by exchanges.

The dominant participation from large holders is evident, with the ten largest inflow transactions shifting 5.67 billion SHIB onto exchanges, while the top ten outflows totaled just 1.95 billion SHIB.