EN ▼
Favorites
My Favorites
View All
Market Cap Price 24h%

Disclaimer: Content does not constitute investment advice. Trading involves risks—please invest with caution!

Shiba Inu coins face selling pressure: inflows from the exchange far exceed outflows

2026-08-24 00:41:12
Bookmark

Summary

The exchange inflow of Shiba Inu Coin reached 401.26 billion SHIB pieces, exceeding the outflow of 317.72 billion pieces, and the potential selling pressure on the trading platform increased accordingly.
SHIB is currently trading at around US$0.0000534 and is struggling below the resistance level of US$0.0000574, but the short-term moving average still provides downward support for buyers.
Buyers must regain the $0.0000574 and $0.00006 barriers to strengthen the recovery, and a weak trend could push prices to support near $0.000049 and $0.0000046.

Shiba Inu is facing selling pressure: Exchange inflows far exceed outflows

Shiba Inu is facing increasing selling pressure as investors transfer significantly more SHIBs to exchanges rather than withdraw them from trading platforms. Exchange data shows that the average inflow per transaction is approximately 1.4396 billion SHIBs, while the outflow is only 364.95 million SHIBs. As a result, the average deposit size is almost four times the amount withdrawn, indicating that a large number of tokens are being moved to exchanges. In addition, the total amount of the top ten inflow transactions is approximately 5.98 billion SHIBs, while the largest outflow transaction only accounts for 2.33 billion SHIBs.

Overall exchange activity showed a similar imbalance, with inflows of approximately 401.26 billion SHIBs and outflows of 317.72 billion SHIBs. Exchange deposits do not automatically translate into sales because investors can use the tokens for collateral, trading, or other activities. However, an increase in exchange balances will increase available seller liquidity and may create stronger downward pressure when buying demand cannot absorb additional supply.

SHIB struggles below key resistance and exchange supply rises

The price structure of SHIB reflects growing pressure for the token to maintain momentum above the psychological level of $0.00006. SHIB then fell back to around US$0.0000534, and its daily performance fell by about 2% in the latest trading session. Notably, buyers failed to break the long-term moving average near $0.0000574, a level that became a major technical obstacle. Despite this, the SHIB remains above its short-term moving average between US$0.0000457 and US$0.0000493, providing support for current market prices.

In addition, the Relative Strength Index is still close to 61, indicating that bullish momentum persists but has not yet reached a severely overbought state. Continued breakthroughs of US$0.0000574 may strengthen the recovery structure of SHIB and bring US$0.00006 resistance back into consideration. Conversely, a break below these levels could lead the market to focus on $0.000049, the first important area of downside support. If the sell-off intensifies, it could hit near $0.000046, especially as exchange deposits continue to be high and demand struggles to absorb existing tokens.

Conclusion

SHIB faces dual pressure from denser exchange inflows and unresolved technical resistance, with buyers taking on the responsibility of absorbing potentially higher available supply.

Disclaimer:

All content published on this website, including hyperlinks, related applications, forums, blogs, and other media accounts, originates from third-party platforms and their users. CoinMarketInsight makes no representations or warranties of any kind regarding the website or its content. All blockchain-related data and materials are provided for informational and research purposes only and do not constitute financial, legal, or investment advice. Users and third parties are solely responsible for the content they publish. CoinMarketInsight shall not be liable for any losses arising from the use of this website. You should exercise caution and conduct your own independent research, review, analysis, and verification before making any decisions.

Read Full Article
More News
TOP

TOP