SHIB Worth Several Millions Was Withdrawn From Exchanges: Analyst

Published 01/08/2023, 12:37
Updated 01/08/2023, 14:45
SHIB Worth Several Millions Was Withdrawn From Exchanges: Analyst
SHIB/USD
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  • Ali revealed in a tweet today that 3.30 trillion SHIB was withdrawn from several known exchanges in July.
  • SHIB was trading at $0.000008316 after its price dropped 0.44% over the past 24 hours.
  • A noteworthy bullish technical flag was triggered on SHIB’s daily chart during the past 48 hours.

A large amount of Shiba Inu (SHIB) was withdrawn from several known cryptocurrency exchanges this July, according to the trader and analyst Ali. In a tweet published earlier today, he highlighted that 3.30 trillion SHIB, estimated to be worth $28 million, was withdrawn from multiple exchange platforms over the past month.

Meanwhile, SHIB occupied the number 9 position on CoinMarketCap’s trending list at press time. The altcoin was changing hands at $0.000008316 after it dropped 0.44% during the past day of trading. Despite the negative daily performance, the weekly and monthly performances for SHIB remained in the green at 6.73% and 9.40% respectively.

In addition to weakening against the Doll…

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