SHIB Exodus: 232 Billion Tokens Flood Exchanges
The $SHIB situation is critical. Over 232 billion tokens just moved onto exchanges in 24 hours. When supply floods trading venues, it means one thing: Whales are preparing to sell, not accumulate. Total exchange reserves are now spiking above 81 trillion tokens, confirming defensive positioning. The chart is broken; $SHIB trades below all major EMAs. We are not seeing capitulation, just weakness. Expect heightened volatility and a clear risk of retesting recent lows, especially if $BTC starts to drag the market down. Hope is not a strategy. Wait for the structure to flip.
Not financial advice. Trade at your own risk.
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SHIB
0.0₅85
+1.55%
BTCUSDT
Perp
89,410.7
-0.25%