Exchange Ranking
Top Exchanges
24h Volume Ranking
Popularity Ranking
Exchange BTC Balance
Proof of Reserves
Decentralized Exchanges
Funding Rate
Funding Heatmap
Liquidation Data
Max Pain
Long/Short Ratio
Whale L/S Ratio
Binance/Okex/Huobi L/S
Bitfinex Margin L/S
ETF Tracker
Solana ETF
XRP ETF
Hong Kong ETF
Bitcoin Treasuries
Crypto Reversal
Ethereum Reserves
HyperLiquid Wallet Analysis
Hyperliquid Whale Watch
Large Transactions
On-chain Movement
Bitcoin ROI
Stablecoin Market Cap
Options Analysis
News
Articles
Economic Calendar
Features
Wallet
Contract Calculator
Security
Collections
Watchlist
Following
SHIB Although 226 billion SHIBs flowed into the exchange, the price of Shiba Inu still bucked the trend.
CryptoQuant data shows that despite the price increase, 226 billion SHIBs were still transferred to the exchange, indicating that market selling pressure is intensifying.
During the trading process, deposits on the exchange exceeded withdrawals, while buyers maintained their upward momentum, creating a clear divergence between on-chain activity and market performance.
Investors are watching whether continued demand can absorb additional exchange supply without weakening market momentum in future trading hours.
The selling signal strengthened, but the SHIB price continued to rise.
Even as the data on the chain pointed to increasing selling pressure, the Shiba Inu (SHIB) returned to the rising range.
According to CryptoQuant, more than 226 billion SHIBs were transferred to cryptocurrency exchanges after net exchange traffic for the token dropped by more than 97%. The latest data shows that despite the recent price rebound, traders are still depositing more tokens into exchanges.
Exchange activity usually provides insight into investor behavior before significant price changes. While it does not by itself determine the direction of the market, an increase in exchange deposits usually indicates that holders are preparing to sell. As a result, the latest SHIB data has attracted widespread attention as the token is rising while bearish exchange signals are strengthening.
According to CryptoQuant, net exchange traffic has dropped by more than 97% in the past 24 hours. Meanwhile, net inflows reached more than 226 billion SHIBs as of Saturday, August 1. These data indicate that deposits exceeded withdrawals during the reporting period, reflecting more active selling activity on exchanges.
Exchange inflows increase as SHIB rebounds
The increasing number of SHIBs entering the exchange is in sharp contrast to the token's recent market performance. Despite the increase in exchange deposits, SHIB rose more than 7% over the same period, indicating that buying demand remains strong enough to support higher prices.
In addition, the current trading pattern is similar to last week's rally, when Shiba Inu surged more than 30% in one day. However, exchange data now reflects a different market structure: sellers are becoming more active, while buyers are still absorbing the influx of supply.
This divergence has become one of the key developments that traders pay close attention to. Increasing exchange balances often increase the amount of cryptocurrencies available for sale, which could put additional pressure on prices if buying demand weakens.
Still, recent price performance of SHIB suggests that market participants continue to buy the token despite increased exchange inflows. So even if the bearish indicators below the surface strengthen, the bullish momentum remains intact.
In addition, exchange traffic data is only part of the broader market picture. Price trends also depend on liquidity, investor sentiment and the conditions of the overall cryptocurrency market. As a result, traders often evaluate exchange activity in conjunction with other technical and on-chain indicators before reaching conclusions.
Divergent signals have traders focused on the difference between SHIB's price recovery and its exchange activity, creating an unusual market pattern. According to CryptoQuant, even as the token's gains widened, deposits increased significantly, highlighting the tussle between buyers and sellers.
Market participants may be concerned about whether buyers can absorb additional exchange supply in future trading hours. Continued demand could support the current rally, while stronger selling pressure could test the resilience of recent gains.
Conclusion
Although exchange data reflected stronger selling intentions, Shiba Inu Coin achieved positive price performance. According to CryptoQuant, more than 226 billion SHIBs entered exchanges, while net traffic fell by more than 97%, creating a significant divergence between on-chain activity and market performance. The interaction between increasing exchange deposits and continued buying demand remains a key development shaping the SHIB's near-term market outlook.
