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Nearly 500 billion Shiba Inu tokens removed from exchanges, easing sell pressure.

Technical Signals
17 May 2026
UToday
View Source
Bullish
pluang ai news

Shiba Inu holders have withdrawn almost 500 billion SHIB tokens from centralized exchanges, reducing the sell-side liquidity and easing market pressure. This shift indicates less short-term selling intent as more tokens move to private wallets or staking, suggesting long-term holders are accumulating or holding rather than selling. Despite recent price momentum weakening, the reduced exchange reserves could support a potential price breakout if SHIB stabilizes above key support levels. The token's next move depends on the balance between improving supply dynamics and current bearish momentum.

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