Shiba’s 350 Billion Token Tsunami Swamps Bears, Yet Wallets Keep Multiplying

CryptoQuant just dropped the numbers: a 6.23 % surge in Shiba Inu’s exchange net‑flow over the last 24 hours, catapulting the inflow‑outflow balance to a bear‑friendly +356,831,500,000 SHIB. In lay‑man's terms, more than 350 billion $SHIB have done a synchronized back‑stroke into exchanges, outpacing any buying pressure like a pack of degen whales on a buffet run.

The flood coincides with a modest price dip. After a streak of daily gains north of 3 %, $SHIB now limps forward with a 0.18 % rise in the past day, trading at $0.000006175. The net‑flow signal reads as bearish as a grizzly in a honey shop—more tokens are being dumped than scooped up, so the market’s mood is decidedly “sell‑the‑dog‑food.”

On the brighter side, the Shiba fan club keeps inflating. The team disclosed that wallets holding $SHIB across every platform have topped 1.55 million addresses, a steady climb that looks like a meme‑coin version of “the more the merrier,” even as the sell‑off drags on.

Bottom line: a tidal wave of tokens is crashing into order books, bears are wagging their tails with glee, but the holder count is still fetching new fans like a loyal pup chasing its own tail.