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Over 400 billion Shiba Inu tokens added to exchanges, signaling potential sell-off and fading rally hopes.

Technical Signals
17 Apr 2026
UToday
View Source
Bearish
pluang ai news

Shiba Inu (SHIB) has seen a massive inflow of over 400 billion tokens onto exchanges, raising the total exchange reserves to about 81.5 trillion SHIB. This surge suggests that holders are preparing to sell rather than hold, reflecting weakening confidence in short-term price rallies. The price remains stagnant below key resistance levels with low volatility and volume, indicating a lack of buying momentum. Without renewed speculative interest or a breakout above resistance, SHIB faces a high risk of further price declines.

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