Approximately 176 billion Shiba Inu (SHIB) tokens have been withdrawn from centralized exchanges in the past 24 hours, indicating a shift towards long-term holding. This significant outflow reduces the circulating supply on exchanges, suggesting that investors are opting for self-custody over trading. Despite this movement, SHIB's price remains under key resistance levels, with low volatility and weak momentum. The reduction in exchange-held SHIB could ease selling pressure, as it reflects a preference for secure storage rather than immediate sale. Historically, such outflows have been more indicative of medium- to long-term market trends rather than short-term price movements. The timing of this outflow aligns with early-year accumulation trends, where long-term investors quietly add to their positions while short-term traders exit underperforming assets.