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Shiba Inu suffers from abundant exchange positions and stagnant prices

2026-08-10 12:39:49
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SHIB is facing pressure from a large number of exchange positions, and prices have stagnated.

Data from the trading platform shows that the huge position of Shiba Inu Coin (SHIB) has dropped slightly. Currently, the exchange holds 87.5 trillion SHIB. The month-on-day decline of 0.18% reflected subtle but noteworthy changes in market activities after the exchange continued to increase its holdings.

Can changes in exchange positions predict market trends?

Exchange holdings reflect the number of tokens available for instant trading. Although there has been a slight decline this week, the large number of positions indicate that there is still sufficient supply of SHIB on the platform, and the possibility of tight supply in the short term is low. During the recent analysis cycle, SHIB's net flow data showed that withdrawals exceeded deposits, and the net flow was negative, reaching approximately 159.4 billion tokens. At the same time, deposits increased slightly by 0.04%, reaching 231.187 billion SHIBs. This change is not significant compared with the scale of withdrawals. The value of dollar-denominated positions fell 1.67% to approximately US$403.49 million, reflecting more the recent weakness in token prices than a major change in positions.

What does online activity reveal?

Despite the sluggish price trend, the SHIB network still showed signs of continued activity, with an increase in transaction volume. The total number of transactions increased by 0.85% to approximately 4540, and the number of active addresses also increased slightly by 0.83%. These data show that although prices lack upward momentum, capital flows and user engagement within the network have been maintained.

Continuing price challenges are reflected in the SHIB trading at around US$0.0000461, below key resistance levels of US$0.0000497 and US$0.0000588. The short-term moving average is under pressure and remains at $0.0000464.

SHIB's total exchange position is 87.5 trillion coins.
The month-on-day decline was 0.18%.
The daily net flow was negative, reaching 159.4 billion SHIBs, indicating a large withdrawal.
The value of dollar-denominated positions fell 1.67% to US$403.49 million.
The number of transactions increased by 0.85%, and the number of active addresses increased simultaneously.

For SHIB, a large number of exchange positions combined with limited withdrawals constitute a stable trading foundation, and there is no strong signal that prices will soar. Effective price movements may depend on breaking through the resistance level of $0.000050. As a decentralized asset originally driven by memes, Shiba Inu continues to attract diversified investor interest, but its price remains below the key average price level, which is more a sign of a pause in power than a trend shift. Data shows that the market is in a wait-and-see state, with neither serious supply shortages nor obvious buying craze.

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