121 Billion Shiba Inu Coins From Exchanges, Where Are They Headed With Prices Down?

Fresh on-chain data reveal that 121 billion Shiba Inu (SHIB) coins were moved from crypto exchanges in 24 hours, extending a series of large withdrawals recorded throughout this month. The movement occurs at a time when the SHIB price is struggling , which may indicate that holders are either preparing for long-term storage or anticipating a major shift in the market.

Where 121 Billion SHIB Are Headed As Prices Fall

CryptoQuant has revealed that approximately 121,256,104,299 SHIB exited crypto exchanges on November 15. This latest transfer continues a pattern that has defined the entire month. Earlier, on November 14, over 234.7 billion tokens were withdrawn from exchanges, marking one of the largest single-day outflows in recent months. Four days later, another 84.7 bi