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The Collaborative International Dictionary
Exuviating

Exuviate \Ex*u"vi*ate\, v. i. [imp. & p. p. Exuviated, p. pr. & vb. n. Exuviating.][From Exuviae.] (Zo["o]l.) To she [1913 Webster]d an old covering or condition preliminary to taking on a new one; to molt.

There is reason to suppose that very old crayfish do not exuviate every year.
--Huxley.

Wiktionary
exuviating

vb. (present participle of exuviate English)