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Shiba Inu Price Faces Sell Pressure as 145 Billion Tokens Moved to Exchanges

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SHIB
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Shiba Inu's price could be put to the test in the coming days as 145.9 billion tokens have been moved to exchanges, signaling a potential sell-off.

This massive token transfer occurred on August 29, 2026, and the likelihood of these tokens being dumped is high.

While inflows to exchanges don't guarantee immediate sell-offs, they do indicate a gradual process of hitting the exit button.

The risk of a downturn for SHIB is significant, making it hazardous to enter into new positions in the asset.

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