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Shiba Inu's exchange outflows rise 20%, hinting at potential recovery but market remains bearish.

Technical Signals
14 Jun 2026
UToday
View Source
Neutral
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Shiba Inu (SHIB) has seen a 20% increase in exchange outflows, indicating some investors are moving tokens to private wallets, which typically reduces selling pressure and could lead to a price rebound. However, the outflows are still too small to significantly change SHIB's market structure, with over 80 trillion SHIB remaining on exchanges. The token continues to trade below key moving averages, showing bearish momentum. While network activity metrics like active addresses have slightly improved, meaningful recovery likely requires larger and sustained outflows surpassing one billion tokens to reduce supply on exchanges and shift the price trend.

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