Key Bullish Shiba Inu (SHIB) Metric Surges by 30%: When to Expect the Reversal?

The average outflow of SHIB tokens from exchanges surged to another high, crossing the 1 billion threshold per transaction. According to CryptoQuant, the mean SHIB withdrawal from exchanges now sits at 1.02 billion tokens. Inflows are still bigger than outflows, though, with around 86 trillion SHIB sitting on exchanges. The surge in outflows is most likely fueled by retail investors. It does not correlate with the activity of institutional SHIB wallets or funds, so it is safe to say that the largest players are staying sidelined or are not exposed to SHIB at all.