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Shiba Inu faces price pressure as exchange outflows drop 65%, signaling investor caution and potential correction.

Market News
19 Jul 2026
Cointribune
View Source
Bearish
pluang ai news

Shiba Inu (SHIB) is experiencing a significant 65% drop in daily token outflows from exchanges, indicating investors are less inclined to hold tokens long-term. Concurrently, about 96 billion SHIB tokens have been moved back to exchanges, raising concerns about potential large-scale selling and market imbalance. This shift, combined with stagnant demand and SHIB trading below key moving averages, suggests a bearish trend and risk of price correction. The memecoin's future remains uncertain, balancing between community activity and weakening accumulation momentum amid broader market uncertainties.

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