Shiba Inu Whales Withdraw 443 Billion SHIB From Exchanges as Accumulation Grows
Large Shiba Inu holders have removed more than 443 billion SHIB from cryptocurrency exchanges within four days, signaling continued accumulation despite weak market conditions. The sustained withdrawals suggest some investors are positioning for a longer-term recovery instead of preparing to sell. According to CryptoQuant, the buying activity accelerated when SHIB fell to a local low of $0.00000415 on June 25. During the same session, the token’s daily Relative Strength Index dropped to 21.84, placing it in deeply oversold territory.