#SHIB , according to CoinJuice news, as market volatility returns, SHIB (Shiba Inu) exchange outflows have surged by more than 100%. Based on the latest on-chain data, SHIB’s seven-day average exchange outflows have jumped by more than 126%, one of the largest increases in recent times. Exchange outflow measures the amount of cryptocurrency withdrawn from exchanges to private wallets, which is typically viewed as a bullish signal because it reduces immediately available sell-side liquidity. Despite the increase in outflows, SHIB’s price is still hovering around $0.00000413, below all major moving averages, indicating that the technical picture remains weak.

Coinversation News: As market volatility returns to normal, SHIB (Shiba Inu) exchange outflows surged by more than 100%. According to the latest on-chain data, SHIB’s seven-day average exchange outflows jumped by more than 126%, one of the largest increases in recent times. Exchange outflow measures the amount of cryptocurrency extracted from trading platforms into private wallets, which is generally seen as a bullish signal because it reduces immediately available sell-side liquidity. Despite the increase in outflows, SHIB’s price is still hovering around $0.00000413, below all major moving averages, indicating that the technical picture remains weak.