Shiba Inu Sees 100 Billion Tokens Exit Exchanges Amid Price Weakness
The post Shiba Inu Sees 100 Billion Tokens Exit Exchanges Amid Price Weakness appeared on BitcoinEthereumNews.com.
Shiba Inu exhibits a notable disparity between its price performance and on-chain metrics. The token trades near local lows while experiencing significant exchange outflows. Nearly 100 billion SHIB tokens left trading platforms within a 24-hour period. This movement represents one of the largest withdrawals recorded in recent months. Exchange reserve data confirms the trend. Tokens are moving into private wallets rather than accumulating on trading platforms. The outflow pattern typically indicates reduced selling pressure. Market participants are choosing self-custody over maintaining liquidity on exchanges. The timing of these withdrawals carries significance. Large-scale removals at depressed price levels often precede stabilization periods. Historical patterns suggest such behavior reflects accumulation rather than distribution. Holders demonstrate willingness to lock up positions instead of maintaining sell-ready inventory. Technical Picture Remains Bearish Price action tells a different story. SHIB continues trading below all major moving averages. The chart structure maintains a bearish configuration. No confirmed reversal signal has emerged. At the time of writing, SHIB trades at around $0.000007742, suggesting a 2.5% in the last 24 hours. SHIB price chart, Source: CoinMarketCap The token struggles to reclaim any meaningful resistance levels. Each bounce attempt faces immediate rejection. Volume patterns support the ongoing downtrend. Technical indicators have not yet flashed reversal warnings. Source: TradingView The Relative Strength Index sits in a compressed zone. Further downside would require renewed selling volume. Without additional pressure, continuation becomes mechanically difficult. Current momentum does not support extended declines. Supply Dynamics Shift Risk Profile The relationship between exchange flows and price movement matters. SHIB cannot experience a catastrophic decline without fresh distribution. Current supply behavior does not align with a collapse scenario. Exchange inflows would need to spike significantly to trigger another breakdown. Such a reversal in flow direction has not materialized. The recent outflow trend remains intact across multiple data…
Filed under: News - @ December 17, 2025 5:26 pm