SHIB Bulls Face a Test as 463 Billion Tokens Move in Just 24 Hours

- Exchange outflows reached 461.4 billion tokens, reducing exchange reserves.
- SHIB must hold $0.00000495โ$0.00000505 to preserve bullish recovery prospects.
- Bulls could target $0.00000530, followed by $0.00000550โ$0.00000570.
SHIB bulls have received a notable supply signal as hundreds of billions leave exchanges. Around 461.4 billion SHIB flowed out during the measured period. Meanwhile, exchanges recorded roughly 229 billion tokens entering their platforms. That created a negative netflow near 232.4 billion SHIB. Such movement can reduce immediate selling supply. However, weakening withdrawal activity leaves bulls facing another important test.
Exchange Outflows Give SHIB Bulls Some Hope
Exchange data shows a clear imbalance between SHIB inflows and outflows. Roughly 461.4 billion tokens left tracked exchanges during the period. About 229 billion SHIB moved into exchanges. The difference produced a negative netflow of approximately 232.4 billion tokens. More SHIB therefore left exchanges than entered them. Such a pattern can support prices when holders move tokens away.
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