$SHIB Whale Activity

Event: Around 131 billion SHIB tokens were withdrawn from centralized exchanges to private wallets in the past 24 hours, signaling notable whale accumulation activity. 

Price Context: SHIB is currently trading near $0.0000053, hovering around a key short‑term support level. 

Momentum Bias: Neutral → Bullish.

Possible Market Reaction:

Large exchange outflows typically reduce immediate sell pressure. If accumulation continues and support holds, SHIB could attempt a short-term rebound, though confirmation requires stronger volume and a break above nearby resistance.