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Shiba Inu Holders Withdraw Millions

Shiba Inu Holders Withdraw Millions of $SHIB

Written by Dario Cesaro
Updated over 2 months ago

Shiba Inu (SHIB) investors are actively moving their tokens off cryptocurrency exchanges, a trend that could lead to a "float squeeze" and potentially drive up the price. This significant outflow of SHIB, coupled with a modest increase in on-chain activity, suggests a strategic accumulation phase is underway.

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