Web3
Shiba Inu (SHIB) Exchange Inflows Hit 4x Outflows in 24 Hours
COINOTAG·August 23, 2026·1 min read
Shiba Inu (SHIB) exchange inflows outpaced outflows by 4x in 24 hours, signaling possible sell pressure. Meanwhile, the burn rate jumped 88% as 39.23 million SHIB was destroyed. The contrasting metrics suggest market uncertainty, with traders moving tokens to exchanges while the community continues its deflationary burn efforts.
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