Shiba Inu’s Low Exchange Deposits Suggest Bullish Momentum

A significant development in Shiba Inu (SHIB) markets is emerging: exchange deposit transactions have dropped to near-zero levels, indicating a lack of immediate selling pressure. This unexpected calm is raising eyebrows, as it suggests that traders are holding onto their tokens instead of dumping them on the market. 222 depositing addresses represent only a fraction of the peak seen at over 900 during previous bullish phases.