Shiba Inu (SHIB) Faces Selling Pressure as 157 Billion Tokens Flow Back to Exchanges

Shiba Inu (SHIB) is facing renewed selling pressure as approximately 157 billion tokens flowed back into exchange wallets over the last 24 hours. This move reverses the recent trend of supply contraction, where Arkham Intelligence previously recorded net outflows exceeding 228 billion units. The sudden influx of liquidity onto trading platforms suggests a potential shift in sentiment among large holders, possibly looking to capitalize on recent volatility. Despite the previous migration of over 311 billion SHIB to cold storage from Binance and Coinbase, this new inflow could stall immediate recovery efforts. Currently, SHIB remains under significant long-term pressure, trading roughly 93% below its all-time high of $0.00008616 reached five years ago. Investors are closely watching whether this increased exchange supply will lead to further price depreciation or if the market can absorb the additional volume.