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Shiba Inu's exchange outflows drop 75%, signaling bearish pressure despite price stability.

Technical Signals
03 Sep 2026
UToday
View Source
Neutral
Shiba Inu's exchange outflows drop 75%, signaling bearish pressure despite price stability.

Shiba Inu (SHIB) experienced a sharp 75.55% decrease in average exchange outflows, indicating reduced accumulation and potential bearish pressure. Meanwhile, exchange inflows rose by 24.13%, shifting the short-term balance toward deposits rather than withdrawals. Despite this, SHIB's price remains stable around $0.00000524, supported by key moving averages and an upward trendline. Bulls need SHIB to hold above $0.00000500 to maintain recovery momentum and aim for the next resistance at $0.00000569, near the 200-day moving average.

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Shiba Inu nears 87 trillion token reserve, signaling potential increased sell pressure.

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Shiba Inu's exchange reserves are approaching a key threshold of 87 trillion tokens, currently standing at about 86.997 trillion. This rise in reserves indicates more tokens are available on exchanges, which could increase selling pressure and limit ...

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