Interesting liquidity changes have appeared in the SHIB market. According to on-chain data, since December 5th, the net outflow of SHIB from exchanges has reached 80 trillion tokens, and the total exchange balance has decreased from 370.3 trillion to 290.3 trillion tokens. More notably, in the past 60 days, new wallet addresses have withdrawn 82 trillion SHIB from a major CEX, with withdrawal prices around $0.0000085. Many speculate that this operation is driven by large holders adjusting their positions. The continuous decline in exchange balances often indicates that market participants are transferring assets to self-custody wallets, a pattern usually seen during price-sensitive periods or when large holders have clear holding plans.