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160 billion SHIB tokens moved to exchanges, signaling possible selling pressure near key resistance.

Technical Signals
20 Jul 2026
UToday
View Source
Bearish
pluang ai news

Over 160 billion Shiba Inu (SHIB) tokens have been transferred to exchanges, increasing the likelihood of selling pressure as the price nears a critical resistance level around $0.0000118. Exchange inflows have surged, with net inflows positive, indicating more tokens are being deposited than withdrawn. This movement often precedes profit-taking by large holders, especially near technical barriers like the 50-day moving average. While SHIB has stabilized recently and momentum indicators show some recovery, the upcoming test of resistance will reveal if the inflows signal selling or repositioning ahead of volatility.

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