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Shiba Inu trading spikes with 167B tokens in 24 hours, signaling potential rally end.

Technical Signals
07 Sep 2026
UToday
View Source
Bearish
Shiba Inu trading spikes with 167B tokens in 24 hours, signaling potential rally end.

Shiba Inu (SHIB) saw a significant trading volume of 167 billion tokens in the last 24 hours, indicating increased selling pressure as it approaches a key resistance level near $0.00000568. Despite reclaiming some moving averages, SHIB faces strong resistance and a potential reversal if it fails to break above this level. Exchange data shows net outflows, suggesting holders are not yet dumping but caution is warranted. The next critical move depends on whether SHIB can surpass the 200-day moving average to continue its recovery or risk a pullback to lower support levels.

More News (SHIB)

Japan's new crypto law boosts Shiba Inu's exchange presence but no SHIB ETF approved yet

Japan's new crypto law boosts Shiba Inu's exchange presence but no SHIB ETF approved yet

Japan passed new crypto regulations in July 2026 that bring digital assets under financial product rules, improving Shiba Inu's trading status. SHIB is included on Japan's JVCEA Green List, handled by nine exchanges, and recently gained retail access...

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Japan reclassifies crypto under stock law, paving way for Shiba Inu ETF by 2027

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Shiba Inu price edges up 0.89% amid rising token inflows to exchanges increasing near-term selling pressure.

Shiba Inu price edges up 0.89% amid rising token inflows to exchanges increasing near-term selling pressure.

Shiba Inu (SHIB) price rose 0.89% to $0.00000545, slightly outperforming the broader crypto market. However, a sharp increase of about 75 billion SHIB tokens moving to exchanges has raised near-term supply pressure, potentially challenging the ongoin...

Technical Signals
Neutral
1 day ago
Shiba Inu sees 75 billion SHIB moved to exchanges, raising potential selling pressure.

Shiba Inu sees 75 billion SHIB moved to exchanges, raising potential selling pressure.

Shiba Inu (SHIB) experienced a significant inflow of about 75 billion tokens to exchanges within 24 hours, increasing the total exchange inflows to 193.32 billion SHIB. This rise in net inflows could lead to more selling pressure as more tokens becom...

Technical Signals
Bearish
1 day ago
Shiba Inu futures surge 19% as price holds above $0.000005, reclaiming 10.74 trillion SHIB threshold.

Shiba Inu futures surge 19% as price holds above $0.000005, reclaiming 10.74 trillion SHIB threshold.

Shiba Inu's futures market has seen a 19.28% surge in open interest, with over 10.74 trillion SHIB tokens committed to derivatives trading. This surge follows a nearly 5% price increase, helping SHIB maintain its key $0.000005 level despite recent co...

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