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Shiba Inu ends 4-day token outflow streak, signaling potential market correction.

Market News
11 Jun 2026
UToday
View Source
Neutral
pluang ai news

Shiba Inu (SHIB) saw a positive exchange inflow of about 17.9 billion tokens after four days of heavy outflows, which could indicate the start of a market correction. However, despite this bullish sign, SHIB's price remains suppressed below key moving averages and in a downtrend, with weak buying momentum and resistance at the $0.0000052-$0.0000055 level. The market shows accumulation behavior but lacks strong buying pressure, suggesting that the recent bounce is more a stabilization than a clear reversal. For a sustained recovery, SHIB needs to break above these resistance levels and gain stronger buyer interest.

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Since June 24, 2026, more than 1.5 trillion Shiba Inu (SHIB) tokens have been withdrawn from crypto exchanges, reaching an all-time low in exchange reserves. This large outflow typically indicates holders moving their coins to private wallets for lon...

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Shiba Inu exchange reserves drop by 1.4 trillion SHIB in 10 days, signaling mixed market signals.

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Memecoin sell-off on Binance hits $1.2B, signaling bearish crypto market and declining investor interest.

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Market News
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