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110 billion SHIBs were withdrawn from exchanges, and market sentiment shifted, driving prices up 1.4

2026-08-09 12:41:17
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SHIB exchange activity signals a market shift

Shiba Inu (SHIB) has returned to positive territory after a week of frequent declines and turmoil in overall market uncertainty.

CryptoQuant data shows that net exchange flow of Shiba Inu Coin has recently turned bullish, with 110.59 billion SHIBs withdrawn from the exchange in the past 24 hours. This large outflow suggests that demand is growing and that more tokens are being withdrawn from the trading platform than are deposited for sale.

Analysts point out that such outflows can reflect changes in investor sentiment, especially after periods of increased price volatility. Net flows dropped sharply by 9% over the past day, resulting in a significant reduction in the supply of SHIB available for purchase on exchanges, which could further affect price dynamics if demand continues.

With market sentiment closely watched, rapid changes in exchange balances often highlight changes in investor behavior and renewed expectations within the SHIB community.

Price performance recovers from volatility

Since this month, the price trend of Shiba Inu Coin has been mainly negative and has continued to decline, hovering around US$0.0000045. Historical price data shows that August tends to be a challenging period for SHIB, usually recording one of the weakest performances of the year.

Despite these bearish trends, SHIB prices have shown signs of recovery. In the past day, the token rose 1.42% to approximately US$0.00004669. The gradual decline in tokens available on exchanges, coupled with price stabilization, has boosted investor confidence.

The trading momentum of Shiba Inu Coin has changed significantly, with net exchange traffic turning bullish, reflecting the net withdrawal of 110.59 billion SHIBs from the centralized platform within 24 hours. Market observers interpreted this as a signal of rising demand and strengthening sentiment after prices experienced significant declines.

Although expectations for SHIB remain cautious for the rest of the month, some analysts have emphasized the importance of market monitoring and strategic positioning, especially during times of shrinking supply.

Expand channels and market tools

In parallel with these developments, investors seeking to diversify their portfolios beyond traditional cryptocurrency tokens are increasingly turning to innovative solutions. 1stepSwap stands out as a practical platform that bridges the gap between traditional assets and the blockchain space. The service is capable of transferring real-world assets such as major U.S. stocks, gold, and silver directly to the blockchain, making it accessible to users through their wallets. By automatically identifying the best market price at any time, 1stepSwap enables instant trading and portfolio diversification without the need for intermediaries or complex processes.

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