Shiba Inu Coin SHIB Confuses Traders 33 Trillion Leaves Exchanges Without Any Price Impact
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U.Today revealed that the Shiba Inu coin $SHIB showed unusual movement as approximately 33.25 trillion coins left the exchanges within just 24 hours.
Theoretically, this level of movement suggests significant accumulation by whales, or a supply shock, or even planned movements; however, the price performance and trading volume present a completely different picture, as this massive outflow had no noticeable effect on the coin's price or market liquidity, leading to it being considered anomalous or a result of technical circumstances in tracking.