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