Shiba Inu Price Faces Pressure as Exchange Deposits Surge 208% in 24 Hours
ByAinvest
Tuesday, Mar 17, 2026 4:58 pm ET1min read
SHIB--
Shiba Inu's price is under pressure due to a 208% surge in exchange deposits over 24 hours, indicating a potential wave of sell-offs. This bearish signal suggests traders are moving tokens onto platforms to sell, undermining the meme coin's recent price recovery. Shiba Inu has lost over 53% of its value year-to-date and faces a test of its weekly momentum.
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