U.Today reported that the Shiba Inu SHIB coin has once again fallen under the control of the bears, following significant inflows to exchanges that increase selling pressure.
According to the data, over 157 billion SHIB tokens were added to trading platforms in the past 24 hours, which is a traditional indicator of holders' desire to sell rather than hold, and traders and investors view such large inflows as a warning sign that the market may be preparing for further declines, especially amid the ongoing bearish trend that has dominated the coin's performance for months.
SHIB
0.0₅6
+1.52%
ROBO
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RESOLV
0.0396
-6.38%