241 Billion SHIB Exchange Netflow Threatens Shiba Inu Price Recovery
Shiba Inu’s recovery faces pressure as traders moved more than 241 billion SHIB onto exchanges within 24 hours. According to CryptoQuant data, the token recorded a positive netflow of 241,877,000,000 SHIB during the period. That reading means deposits exceeded withdrawals, placing more tokens on trading platforms where holders can sell them quickly. SHIB initially gained about 4%, allowing traders to secure profits during its latest recovery.