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Massive Shiba Inu Outflow Signals Strong Holder Conviction: Over 50 Billion SHIB Removed from Exchanges

50 Billion SHIB Removed from Exchanges

Dario Cesaro avatar
Written by Dario Cesaro
Updated yesterday

A significant event has unfolded in the Shiba Inu ecosystem, with over 50 billion SHIB tokens being withdrawn from centralized exchanges in a short period. This substantial outflow suggests a strong conviction among holders, potentially indicating a shift in market dynamics as liquid supply available for selling diminishes.

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