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Shiba Inu exchange inflows surge 128% but price drop likely to continue amid net outflows.

Market News
17 Aug 2026
UToday
View Source
Neutral
Shiba Inu exchange inflows surge 128% but price drop likely to continue amid net outflows.

Shiba Inu (SHIB) has seen a 128% increase in exchange inflows recently, signaling more tokens moving to exchanges. However, net outflows remain higher, with about 87 billion SHIB more leaving exchanges than entering, suggesting selling pressure persists. Despite the inflow spike, SHIB's price remains below key resistance levels and moving averages, indicating the market drop is unlikely to stop without stronger demand. The current bearish trend will continue unless SHIB breaks above $0.00000457–$0.00000490 with improved momentum.

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