Shiba Inu price may plummet by 352 billion pounds within 24 hours: Shiba Inu price could suffer a major blow

According to CoinWorld, within a single day, as many as 352.9 billion SHIB tokens were transferred to exchanges, causing a severe supply and demand imbalance and intensifying selling pressure. As exchange reserves increased by 2.7% to 82.14 trillion SHIB, and a large influx of funds was mainly driven by major holders, although SHIB's price is currently attempting to stabilize along an upward trendline, its price still faces greater risk.