Shiba Inu (SHIB) Sees 204 Billion Tokens Leave Exchanges Year-End Amid Bearish Sentiment
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
- Token Outflow: On December 31, Shiba Inu (SHIB) saw approximately 204 billion tokens leave centralized exchanges, indicating holders' preference for self-custody wallets rather than preparing to sell on trading platforms.
- Market Performance: SHIB traded around $0.000007 on December 31, remaining flat over 24 hours but down approximately 12% over the past month, reflecting a technically bearish trend.
- Low Trading Volume: Trading volume remained subdued during the year-end period, a typical pattern during low-liquidity holiday trading windows, suggesting market participants were adjusting their positions.
- Long-Term Trends: SHIB has declined approximately 68% from its mid-2025 peak near $0.000031 and trades over 90% below its all-time high of $0.00008616, indicating a persistent decline in market confidence towards the token.
About the author
Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.
