DeFi Intel

Shiba Inu price slips as exchange outflows offset Japan boost

Shiba Inu (SHIB) is seeing mixed signals, with 64 billion SHIB leaving crypto exchanges today while exchange reserves climbed to 86.497 trillion SHIB. SBI inherited 1.111 trillion SHIB through its acquisition of Coinhako, boosting the token's exposure in Asia. Despite these developments, the SHIB price has slipped as exchange outflows offset the Japan-related boost.

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