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500 billion SHIB moved but net outflow signals less selling pressure, price steady near resistance.

Market News
29 Sep 2026
CryptoTicker
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Neutral
500 billion SHIB moved but net outflow signals less selling pressure, price steady near resistance.

Over 24 hours, 500.12 billion Shiba Inu tokens were transferred to exchanges, but withdrawals exceeded deposits, resulting in a net outflow. This suggests less immediate selling pressure despite the large gross inflow. The SHIB price traded around 5.76 millionths of a dollar, holding above its 200-day moving average and approaching resistance at 6.0 to 6.2 millionths. Meanwhile, the token burn rate dropped sharply, indicating limited impact on supply reduction. Investors should watch net flows and price levels for future direction, while considering tax implications and custody options for longer-term holdings.

Shiba Inu token activity is reported here with Pluang market data as of Sep 30, 2026 04:03 WIB. Among 50 major cryptocurrencies priced on Pluang, 29 rose and 20 fell today. Notable movers include SNX at Rp4.589 with a 5.18% gain and a typical hold time of 70 days, KSM at Rp85.674 up 4.89% with 94% sell order activity, and COMP at Rp442.379 rising 4.62% with a nearly balanced buy/sell split. The most notable figure is SNX's 99% buy order activity, indicating strong buying interest.

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