SHIB wey comot from exchanges don hit 266B as price dey drop

SHIB see one major on-chain shift as exchange outflows pass 266B tokens for 24 hours, and netflow turn strongly negative, CryptoQuant tok. Dis pattern — SHIB comot from exchanges faster than e dey enter — many times mean accumulation instead of immediate sell-off. But SHIB price no confirm dat demand signal. For same window, SHIB drop 2.83% to around $0.000004656, causing short-term divergence between exchange flows and spot performance. Earlier exchange-flow analysis still point to big withdrawals, and the outflow spike likely na driven by few large “whale” accounts, not wide retail buying. Technically, SHIB form short-term upward channel after post–February–March pullback and reclaim the 50-day moving average, retesting nearby resistance. Still, e dey under the 200-day moving average, so long-term tone remain cautious. Traders fit watch if continued SHIB accumulation go turn into sustained spot buying, while broader market direction — especially BTC sentiment — remain the main risk factor.