Shiba Inu Price Rally Ignites Sell-Off Fears Amid 226B Token Exodus

Shiba Inu's price rally has continued into this week, despite renewed sell pressure on exchanges. A massive return of over 226 billion SHIB tokens to exchanges within a 24-hour period suggests that traders may be preparing for significant sell-offs.

A recent drop in exchange netflow of more than 97% indicates that holders are depositing their tokens onto platforms where sales can be executed quickly.

Despite this bearish activity, Shiba Inu's price has recorded a gain of over 7% in the past day, continuing upward momentum from last week's surge where SHIB jumped by over 30% in a single session.