Shiba Inu price: large holders pull a net 20 billion SHIB off exchanges

The information provided in this article is for informational purposes only and does not constitute financial advice. Cryptocurrency investments carry a high degree of risk. Always conduct your own research.Analysis: Shiba Inu falls to $0.00000442 on Sunday, its lowest level since August, while CryptoQuant data show a net 20 billion SHIB leaving exchanges. What the outflow is worth in dollars and how to move SHIB off an exchange safely.A net 20 billion SHIB left exchanges within 24 hours.Add as a preferred source on GoogleFollow on Google NewsShiba Inu trades at around $0.00000445 on Sunday evening, November 8, 2026, roughly €0.00000399. In the afternoon SHIB slipped to $0.00000442 on Kraken, its lowest level since August 19. At the same time, exchange data from CryptoQuant point the other way: within 24 hours a net 20 billion or so SHIB left the major trading venues. What the data show: the ten largest addresses sent only just over two billion SHIB to exchanges over that period, and withdrew considerably more. Our assessment follows further down. The outflow takes some selling pressure out of the market in the short term, but in dollar terms it is smaller than the figure of 20 bil...