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Shiba Inu net outflow of 145M tokens signals bullish demand despite recent price drop.

Technical Signals
24 Jul 2026
UToday
View Source
Bullish
pluang ai news

Shiba Inu is experiencing a price decline but shows a bullish signal as 145 million SHIB tokens were moved off exchanges, indicating strong demand. This net outflow suggests more holders are moving tokens to private wallets rather than selling, which could lead to a price rebound. Despite a 1.74% loss in July so far, the exchange activity hints at a potential positive reversal and renewed market confidence for Shiba Inu.

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