On Monday, a substantial 178 billion Shiba Inu tokens made their way back to exchanges, raising concerns among investors. This influx suggests a shift that could hinder any potential bullish reversal in the market.
The influx of tokens reinforces the perception that the market may struggle, particularly as the 80 trillion threshold acts as a significant resistance level. With continued pressure from exchange inflows, investors may need to brace themselves for further volatility.