The post Extreme Shiba Inu Anomaly or On-Chain Error: 23,561,900,000,000 SHIB in 24 Hours appeared on BitcoinEthereumNews.com. Routine SHIB price action Just movement of funds? More than 23.56 trillion SHIB reportedly moved in a single day, according to Shiba Inu’s on-chain data from CryptoQuant at the time of writing, which is so out of the ordinary that it practically begs for suspicion. If true, this would suggest significant internal reorganization by big holders or unheard-of selling pressure. However, the more logical explanation, a tracking error or data anomaly, is much simpler given the behavior of the chart and the rest of the market. Routine SHIB price action Commence with the fundamentals. With no indications of unusual volatility or liquidity shocks, SHIB’s price action appears routine. It is still trapped below all major moving averages. Expanded spreads, violent candles or, at the very least, a discernible liquidity reaction occur when trillions of tokens actually hit exchanges. That does not appear. Volume continues to be unremarkable. Price does not even react. Clearly, trillions of new sell-side supply are not being priced in by the market. SHIB/USDT Chart by TradingView Take a look at the exchange metrics now. Although there has been a spike in exchange inflow and outflow, it is not as great as the headline figure. On paper, the inflow and outflow totals are both enormous 24.4 trillion SHIB and 25.2 trillion, respectively, but the charts display erratic vertical jumps that are more likely to be caused by API errors, consolidation events or double-counted movements than by real market-driven transactions. Just movement of funds? Instead of abrupt panic selling, when both inflow and outflow print extreme values at the same time, it typically indicates internal wallet reorganization or a problem with data classification. You Might Also Like Exchange reserves do not move much. The active addresses do not change. The notion that tens of trillions of tokens were… The post Extreme Shiba Inu Anomaly or On-Chain Error: 23,561,900,000,000 SHIB in 24 Hours appeared on BitcoinEthereumNews.com. Routine SHIB price action Just movement of funds? More than 23.56 trillion SHIB reportedly moved in a single day, according to Shiba Inu’s on-chain data from CryptoQuant at the time of writing, which is so out of the ordinary that it practically begs for suspicion. If true, this would suggest significant internal reorganization by big holders or unheard-of selling pressure. However, the more logical explanation, a tracking error or data anomaly, is much simpler given the behavior of the chart and the rest of the market. Routine SHIB price action Commence with the fundamentals. With no indications of unusual volatility or liquidity shocks, SHIB’s price action appears routine. It is still trapped below all major moving averages. Expanded spreads, violent candles or, at the very least, a discernible liquidity reaction occur when trillions of tokens actually hit exchanges. That does not appear. Volume continues to be unremarkable. Price does not even react. Clearly, trillions of new sell-side supply are not being priced in by the market. SHIB/USDT Chart by TradingView Take a look at the exchange metrics now. Although there has been a spike in exchange inflow and outflow, it is not as great as the headline figure. On paper, the inflow and outflow totals are both enormous 24.4 trillion SHIB and 25.2 trillion, respectively, but the charts display erratic vertical jumps that are more likely to be caused by API errors, consolidation events or double-counted movements than by real market-driven transactions. Just movement of funds? Instead of abrupt panic selling, when both inflow and outflow print extreme values at the same time, it typically indicates internal wallet reorganization or a problem with data classification. You Might Also Like Exchange reserves do not move much. The active addresses do not change. The notion that tens of trillions of tokens were…