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Over 1.5 trillion SHIB tokens withdrawn from exchanges, signaling potential long-term holding amid price bottoming signs.

Technical Signals
15 Jul 2026
Dailycoin
View Source
Neutral
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Since June 24, 2026, more than 1.5 trillion Shiba Inu (SHIB) tokens have been withdrawn from crypto exchanges, reaching an all-time low in exchange reserves. This large outflow typically indicates holders moving their coins to private wallets for long-term storage, reducing selling pressure and hinting at bullish potential. Despite this, on-chain data shows mixed signals: while some large investors continue selling, technical indicators suggest SHIB's price may have bottomed out around $0.0000450. Market sentiment remains cautious, with stagnant trading volumes and bearish control until key price levels are surpassed. The overall outlook depends on broader crypto market momentum, especially Bitcoin and Ethereum's performance.

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