Nearly 284 billion Shiba Inu (SHIB) tokens have been transferred between exchanges in the last 24 hours, signaling potential selling pressure among holders. The increase in exchange reserves suggests that investors might be preparing to offload their holdings rather than accumulate more. SHIB is currently facing resistance in the $0.000012–$0.000013 range, and the lack of upward movement indicates a possible reversal of the recent rally. On-chain data and technical indicators highlight the need for increased buying pressure to sustain the bullish trend.