157B SHIB move go exchanges for 24 hours — selling pressure don increase
On-chain data show say at least 157 billion Shiba Inu (SHIB) tokens dem send go exchange within 24 hours, weh dey signal say dem wan sell more. SHIB dey trade near $0.0000055 and e still under major daily moving averages, wey show say medium-term technical structure weak. Volume pattern dey show active token movement but buyers no too join, consistent with distribution not accumulation. Big exchange inflows historically dey increase sell-side liquidity and fit lead to quick volatility or continued downside if sellers execute. Traders suppose dey monitor whether deposited SHIB reach order books: if plenty sell executions happen e go likely push price to lower support zones, while to change momentum traders need reclaim of key moving averages and a decisive breakout above falling resistance. Primary keywords: Shiba Inu, SHIB, exchange inflows, selling pressure. Secondary keywords: token distribution, market structure, support zones, trading volume, accumulation.
Bearish
Di big, concentrated flow of at least 157 billion SHIB go enter exchanges dey increase di sell-side liquidity wey dey available and na short-term bearish signal for SHIB price. Di token dey trade under main daily moving averages, meaning medium-term technical weakness dey. Volume show say transfers dey active but buying demand small, fit mean distribution. For short term, if di deposited supply begin land for order books, expect more selling pressure and dem go test lower support levels, fit make downtrend quicken. To get sustained recovery, we need clear technical improvements — reclaim di 50- and 100-day moving averages and make firm breakout above declining resistance — we no dey see dis now. So immediate price impact likely negative, while long-term direction go depend if demand return to absorb exchange inventory and reverse momentum.