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241 billion Shiba Inu tokens moved to exchanges signal rising sell pressure, threatening recent price rally.

Market News
12 Sep 2026
UToday
View Source
Bearish
241 billion Shiba Inu tokens moved to exchanges signal rising sell pressure, threatening recent price rally.

Shiba Inu saw a significant net inflow of 241.9 billion tokens to exchanges within 24 hours, indicating increased selling activity despite an earlier 4% price rise. This large token movement suggests traders are offloading SHIB, which has led to a shift from bullish to bearish sentiment and a slight price decline of about 0.45%. The selling pressure could hinder further price gains unless exchange outflows pick up again to support buying demand.

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XRP, Zcash, Hyperliquid, and Shiba Inu fall below late-September highs, testing key support levels amid crypto pullback.

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Shiba Inu sees net outflow of 27.3B coins, hinting at possible price reversal

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