Shiba Inu Tokens Flood Out of Exchanges in Record Amount

Shiba Inu's recent market activity has seen a significant movement of tokens. According to recent data, approximately 461.4 billion SHIB tokens have been withdrawn from exchanges.

This net withdrawal totals around 232.4 billion SHIB, resulting in a reduction of the exchange reserve to 86.97 trillion SHIB.

For SHIB's short-term price movement, analysts are watching two key support levels: $0.00000495 and $0.00000505 per unit.

Should these levels be broken, prices could potentially fall to between $0.0000047 and $0.0000045 per unit.