Shiba Inu (SHIB) has recorded a significant net outflow of 272.9 billion SHIB from exchanges over the past 24 hours, according to CryptoQuant data. Despite this movement, SHIB's price has continued to fall, reaching $0.0000090, its lowest point since early 2024.The outflow is attributed to redistribution or consolidation rather than accumulation, as the SHIB/USDT chart shows a bearish trend. The price has broken below a short-term support line and is nearing a critical level of $0.0000080. Analysts warn that without increased demand or a new narrative, SHIB's downward trajectory may persist.