8 Trillion SHIB Withdrawn From Exchanges as Shiba Inu Price Hovers Near Lows

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Network activity surged as over 8 trillion SHIB tokens were withdrawn from centralized exchanges in one day, per TheCryptoBasic. A 2.2 trillion SHIB outflow from Coinbase on December 9 was reported by Arkham. SHIB’s crypto price remains near $0.00000833, with 1.06 trillion SHIB returning to exchanges. Whale movements suggest shifting custody, but some may be positioning for OTC or DeFi. Analysts are closely watching the $0.0000080 support level.
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