Shiba Inu Exchange Outflows Plunge 78%, Price Remains Stuck Near $0.0000051

Shiba Inu (SHIB) has seen a significant drop in its exchange outflows, down by 78% compared to its seven-day moving average. This decline indicates fewer tokens are leaving exchanges, suggesting reduced movement away from trading liquidity.

Meanwhile, exchange inflows have slightly surpassed outflows, resulting in a positive net flow. Despite small increases in network activity, SHIB's price remains stuck near $0.0000051 and is facing resistance around $0.0000056.

The reduced outflow rate removes a major support factor, making the price technically vulnerable. However, this does not guarantee a sell-off yet.