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SHIB crypto sees 37% rise in exchange activity with net outflows signaling growing demand but needs confirmation.

Market News
05 Jul 2026
Cointribune
View Source
Bullish
SHIB crypto sees 37% rise in exchange activity with net outflows signaling growing demand but needs confirmation.

SHIB cryptocurrency experienced a 37% increase in activity on exchanges, with net outflows exceeding inflows by 62.8 billion tokens, suggesting a potential accumulation phase as investors withdraw tokens to hold. This shift indicates renewed demand after weeks of weak sentiment and low volume, but the rebound remains fragile as the price is still low and must overcome resistance levels to confirm a sustained uptrend. The broader crypto market's stability and continued outflows from exchanges will be key to maintaining this momentum, while community factors like Shibarium activity and token burns may support long-term interest. Caution is advised as memecoins like SHIB are highly sensitive to market sentiment and liquidity changes.

More News (SHIB)

Shiba Inu joins Japan's elite Green List alongside Bitcoin and Ethereum, easing regulatory hurdles.

Shiba Inu joins Japan's elite Green List alongside Bitcoin and Ethereum, easing regulatory hurdles.

Japan's Virtual and Crypto Assets Exchange Association (JVCEA) has added Shiba Inu (SHIB) to its Green List, placing it alongside major cryptocurrencies like Bitcoin and Ethereum. This Green List is a pre-approved roster that simplifies regulatory pr...

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Shiba Inu's Shibarium L2 transactions hit a monthly low of 659, signaling reduced network activity.

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Shibarium, the layer-2 network for Shiba Inu, experienced a significant drop in daily transactions to 659, the lowest since September 20, 2026. This decline follows a peak of 5,710 transactions on October 6, indicating a slowdown in network usage des...

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Shiba Inu spot trading hits $6.43M with SHIB price near $0.000005, futures volume surpasses spot at $18.17M

Shiba Inu spot trading hits $6.43M with SHIB price near $0.000005, futures volume surpasses spot at $18.17M

Shiba Inu (SHIB) spot trading volume reached $6.43 million over 24 hours, while futures trading volume was significantly higher at $18.17 million. The SHIB token traded near $0.000005, down 1.1% from the previous day, with open interest at $52.21 mil...

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Shiba Inu's exchange supply nears 86 trillion SHIB as bullish traders reduce sell pressure.

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Shiba Inu's exchange reserves have dropped slightly to about 87.06 trillion SHIB, indicating a reduction in tokens held on exchanges amid fading sell pressure. Negative netflow data shows more SHIB tokens are leaving exchanges than entering, suggesti...

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Shiba Inu price down 94.2% from 5-year high; German tax rules on crypto holding periods impact investors.

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Shiba Inu (SHIB) has dropped 94.2% from its all-time high reached on October 27, 2021, trading at $0.00000500 as of October 17, 2026. In Germany, the key issue for investors is the tax treatment based on a one-year holding period: gains or losses rea...

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