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Shiba Inu exchange reserves drop by 1.4 trillion SHIB in 10 days, signaling mixed market signals.

Technical Signals
15 Jul 2026
UToday
View Source
Neutral
pluang ai news

In the past ten days, Shiba Inu (SHIB) exchange reserves have decreased by about 1.4 trillion tokens, dropping total reserves to 86.48 trillion SHIB. This reduction often suggests bullish sentiment as investors move coins from exchanges to private wallets, indicating a preference to hold rather than sell. However, increased exchange inflows alongside outflows show active trading and create mixed signals. Despite this, SHIB remains in a downtrend, trading near $0.00000425 and below key moving averages, with bears still dominating the market. The RSI recovery from oversold levels hints at reduced selling pressure, and some investors may be preparing for a longer-term recovery if price action improves.

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