U.Today analysis indicates that Shiba Inu (SHIB) recorded a trading volume of 81 billion tokens in the past 24 hours, with a net outflow of 32.76 billion SHIB. This suggests that more tokens are moving from exchanges to private wallets, typically signaling reduced selling pressure. During this period, SHIB's price increased by 3.92% to $0.00000514. Furthermore, active addresses grew by 1.01% to 165,200, while on-chain reserves decreased to 87.09 trillion tokens, with only a 0.02% change in 24 hours, demonstrating increased holder confidence. The analysis suggests that if funds continue to flow out, SHIB is poised to approach its recent high of $0.0000052.