Shiba Inu Under Pressure As Nearly 40B Netflow Surge Hits Exchanges
New wallet creation in the Shiba Inu ecosystem has held steady at between 5,000 and 12,000 per month, pushing total holders past 1. 50 million — a sign that retail interest has not dried up despite a rough stretch for the token’s price. Related Reading: UK Slaps Sanctions On $20B Crypto Black Market Tied To Southeast Asia Scam Rings Tokens Flow Back To Exchanges That growth figure, released by the Shibarium team, comes at an awkward time. On-chain data from CryptoQuant shows that nearly 40 billion SHIB tokens moved into exchanges over a 24-hour window ending March 26, with outflows failing to keep pace
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