Shiba Inu Sees 101 Billion Token Outflow as Market Structure Shifts

Shiba Inu saw a significant token withdrawal from exchanges over the past 24 hours. On-chain data shows approximately 101 billion SHIB tokens were removed from centralized platforms during this period. The movement represents a notable change in holder behavior for the meme cryptocurrency.

Exchange outflows typically signal reduced selling pressure. When investors move tokens to private wallets, they generally indicate longer holding intentions. This contrasts sharply with tokens remaining on exchanges, which often precede sell-offs.

The magnitude of this outflow marks a departure from recent months. SHIB has faced consistent distribution pressure since late 2024. The current shift suggests holders are adopting a different strategy regarding their positions.

Price Action Forms Critical Pattern

SHIB is currently trading within a tightening triangle on technical charts. The pattern shows converging trendlines with lower highs and marginally higher lows. Such structures frequently precede significant price movements in either direction.

The consolidation phase indicates weakening downward momentum. Sellers have struggled to push prices substantially lower during recent attempts. Each successive dip meets increased buying activity, demonstrating growing absorption at current levels.

Despite this stabilization, longer timeframes still display bearish characteristics. Declining moving averages create overhead resistance zones. Any upward breakout attempt will likely face immediate friction from these technical barriers.

Exchange metrics provide additional context for the price behavior. Total reserves on centralized platforms have decreased slightly alongside negative netflow readings. Inflow and outflow volumes remain elevated, suggesting active portfolio repositioning rather than market stagnation.

Implications for Supply Dynamics

The sustained outflow trend could reshape SHIB’s supply-demand balance. Large-scale participants appear to be accumulating positions or establishing defensive holdings. While this activity does not guarantee immediate price appreciation, it establishes groundwork for potential trend reversals.

Reduced exchange liquidity constrains bearish control. When fewer tokens remain available for immediate sale, downward price pressure naturally diminishes. Continued outflows through the weekend would further tighten circulating supply on trading platforms.