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Half a trillion Shiba Inu tokens withdrawn from exchanges, signaling mixed market activity and potential accumulation.

Technical Signals
04 Aug 2026
UToday
View Source
Neutral
pluang ai news

Over half a trillion Shiba Inu (SHIB) tokens were withdrawn from exchanges in the past 24 hours, showing a complex market dynamic. While exchange reserves rose due to inflows exceeding outflows, large holders increased their withdrawals, indicating accumulation rather than immediate selling. This mixed activity reflects a balance between selling supply and buying demand, keeping SHIB's price stable around $0.00000500. The token is consolidating below a key resistance level, with buyers still active, suggesting potential for further recovery if volume and buying pressure increase.

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