-15,456,495,096 Shiba Inu (SHIB) in 24 Hours: Not Enough?

On-chain data indicates that even a significant 15.4 billion SHIB outflow from exchanges over the previous day is still insufficient to rekindle bullish momentum. Shiba Inu's netflow turned sharply negative at -18.1 billion tokens, according to CryptoQuant data. This indicates that more SHIB has been taken out of exchanges than deposited, which is usually a positive sign indicating accumulation or less pressure to sell in the near future. But there has not been much of a price reaction.