Shiba Inu recorded a net inflow of 241,877,000,000 SHIB to exchanges over 24 hours, even after its price rose about 4% early in the day. CryptoQuant data indicates that more SHIB moved onto exchanges for potential sale than was withdrawn for buying, suggesting sellers dominated the period and some traders took profits after the recovery. The token’s momentum subsequently weakened, with SHIB showing a modest decline of around 0.45%, while traders watched for a reversal in exchange flows to support a faster recovery.