Shiba Inu (SHIB) investors are showing signs of preparing for a new rally. Over the past three days, an impressive amount of SHIB tokens have been withdrawn from cryptocurrency exchanges – about 5.45 trillion. This is equivalent to about $162 million at the current rate.
Such activity by SHIB holders may indicate that they are not planning to sell their tokens anytime soon, but are instead preparing for a price increase. Usually, when investors withdraw significant amounts of assets from exchanges, this is seen as a positive signal for the market.
