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Shiba Inu (SHIB) jumps 44.1% in Q3 despite large token outflows from exchanges

Market News
03 Oct 2026
Tokenpost
View Source
Bullish
Shiba Inu (SHIB) jumps 44.1% in Q3 despite large token outflows from exchanges

Shiba Inu (SHIB) saw a strong 44.1% price increase in the third quarter, with gains in July, August, and September, reversing a 24% drop in June. Over 74 billion SHIB tokens were withdrawn from exchanges, indicating more tokens left exchange wallets than entered, though this does not confirm reduced selling or increased holding. The broader crypto market also recovered during this period, but no clear catalyst was identified for SHIB's gains. This performance contrasts with September's usual weaker returns, which average around 5.5%.

Shiba Inu trades at Rp0.103 on Pluang, showing a 3.10% increase as of Oct 04, 2026 02:02 WIB, with a market cap of Rp60.44 trillion. This follows the token's notable 44.1% gain in Q3, highlighting sustained interest despite the lack of a clear catalyst. Pluang users currently favor buying SHIB with 58% of order activity, and the typical hold time is 105 days, indicating a moderately patient investor base.

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