Shiba Inu (SHIB) whales have been withdrawing a large amount of coins from exchanges recently, which may be a good sign for the price of SHIB. In the past period of time, non-exchange big holders have absorbed about 6.57 trillion SHIB, showing their confidence in long-term holding. Usually, investors will deposit tokens on exchanges for short-term trading, so the stock on the exchange is regarded as the sellable supply of Shiba Inu. Now, these whales are transferring SHIB from exchanges to self-custodial wallets, indicating that they may be planning to hold it for a long time, which is a positive development for SHIB. Although the past month has been very difficult for the cryptocurrency market, SHIB has also experienced a drop of nearly 28%, and the current trading price is about $0.00001639. But this trend of whale outflows may indicate that SHIB is about to have a chance to rebound. Pay attention to market dynamics, the future of SHIB may be more worth looking forward to! 🚀💰
