SHIB Suffers a 78% Collapse in Critical Metric as Bulls Retreat

SHIB’s mean exchange outflows plunged nearly 78% from their recent peak. Positive netflow suggests slightly more SHIB enters exchanges than leaves them. SHIB trades near $0.00000514, facing major resistance around $0.0000056 to $0.0000057. Shiba Inu seemed to be close to a meaningful recovery before market signals changed quickly. Exchange withdrawals have slowed, weakening one of the strongest bullish signals. The seven-day average o…