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81 billion Shiba Inu tokens moved off exchanges, signaling potential price recovery.

Market News
16 Oct 2026
UToday
View Source
Bullish
81 billion Shiba Inu tokens moved off exchanges, signaling potential price recovery.

In the past 24 hours, 81 billion Shiba Inu (SHIB) tokens were transferred off exchanges, indicating reduced selling pressure as holders move coins to private wallets. This outflow coincides with a price rise of nearly 4%, holding steady around $0.00000514. Active wallet addresses also increased, suggesting growing network use. While SHIB remains down over the past year, this combination of lower exchange reserves and rising activity offers cautious hope for a price recovery if the trend continues.

Despite the recent large transfer of 81 billion Shiba Inu tokens off exchanges, on Pluang SHIB trades at Rp0.0903 with a 1-day decline of 1.34% as of Oct 17, 2026 10:21 WIB. The market cap stands at Rp53.73 trillion and 24-hour trading volume is Rp846.84 million, with a slight majority of buy orders at 55%. This data shows active trading and investor interest continuing alongside the token's price fluctuations.

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