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Shiba Inu outflows surge 126% as price volatility returns, signaling renewed trader activity but price remains weak.

Technical Signals
17 Jul 2026
UToday
View Source
Neutral
pluang ai news

Shiba Inu (SHIB) has seen a significant 126% increase in exchange outflows, indicating that more tokens are being moved from exchanges to private wallets, a bullish sign suggesting holders intend to keep rather than sell. This rise in outflows coincides with renewed price volatility and increased trading activity, as active addresses grew by over 1%. Despite these positive on-chain signals, SHIB's price remains below key moving averages and continues a bearish trend, needing to break resistance around $0.00000430-$0.00000445 to confirm a trend reversal. The increased outflows reflect growing holder conviction amid market uncertainty, but sustained price recovery is yet to materialize.

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