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Shiba Inu exchange outflows drop 42%, signaling cautious market activity but no major sell-off yet

Market News
30 Aug 2026
UToday
View Source
Neutral
pluang ai news

Shiba Inu (SHIB) has seen a 42% decline in exchange outflows, indicating fewer tokens are being withdrawn from trading platforms. Despite this, exchange inflows remain higher than outflows, suggesting more SHIB tokens are entering exchanges, which could increase selling pressure. However, the recent changes are mild and do not yet signal a significant sell-off. The token price remains below its 200-day moving average, with key support at $0.00000500, and market activity shows no clear bullish or bearish trend at this time.

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