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Shiba Inu faces selling pressure as 145 billion SHIB move to exchanges

  • Traders moved approximately 145 billion SHIB tokens to exchanges.
  • The transfers followed a recent price breakout and increased selling pressure.
  • Weakening demand indicated a shift toward bearish sentiment among traders.

Shiba Inu (SHIB) is facing increased selling pressure after traders moved approximately 145 billion tokens to exchanges. The transfers followed a recent price breakout, while weakening demand indicates a shift toward bearish sentiment and raises the prospect of further distribution.

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Shiba Inu faces selling pressure as 145 billion SHIB move to exchanges - CoinPost Terminal