More than 207.9 billion SHIB tokens have been withdrawn from centralized exchanges in the past 24 hours, according to CryptoQuant data. This significant movement, which resulted in a net outflow exceeding 5%, indicates a growing trend of self-custody among holders. Despite these outflows, SHIB's price remains stable around $0.0000054, highlighting a divergence between price action and on-chain flows. The consistent withdrawal of SHIB from exchanges suggests that holders are increasingly opting for private storage, a behavior often associated with accumulation rather than immediate selling. This trend is not unique to SHIB but reflects a broader pattern across altcoins during market consolidation phases. Analysts note that while liquidity conditions remain stable, the ongoing outflows could eventually impact supply dynamics on trading platforms.