Apparently no one knows about this, and i figured this out a while ago. Unfortunately, this is not effective on slippery tiles, but works well on normal ground.

oh yeah I think ive done similar methods of slowing down, I think it works quicker than sliding, but it gets the same speed as sliding overall cause you build speed faster out of a slide. Interesting though

That's pretty interesting actually, I've never seen anything like that before. I could definitely see that being used in a handful of ILs. Nice find!

Alternatively you can press the direction opposite of your movement twice to come to a complete stop immediately instead of sliding to a stop.