Massive Shiba Inu Exchange Spike: 20 Billion SHIB Flowed into Exchanges

A significant surge in Shiba Inu (SHIB) activity has been observed on cryptocurrency exchanges, with over 20 billion tokens entering centralized platforms within the last day. This influx represents a drastic increase from approximately 34 billion to a staggering 51 billion SHIB, according to data from CryptoQuant, marking one of the largest single-day spikes in recent history. While such inflows typically signal increasing selling pressure due to token transfers to centralized exchanges, experts are now observing a potential shift in sentiment. }