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Shiba Inu currency is under selling pressure again: net inflows on the exchange far exceed outflows

2026-08-24 00:41:39
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Shiba Inu Coin (SHIB) is facing a new round of pressure. Recent online data analysis shows that the flow of tokens entering centralized exchanges has increased significantly. This change means that the number of SHIBs available for sale on the market may increase, placing an additional burden on the already fragile price recovery.

Exchange traffic data points to risk

Current data shows that SHIB's average exchange outflow is 364.95 million coins, while the average inflow soared to 1.4396 billion coins. This means that the average size of each deposit to the exchange is close to four times the average withdrawal size. Supporting this trend is that the ten largest inflow transactions totaled approximately 5.98 billion SHIBs, far exceeding the largest outflow transactions (approximately 2.33 billion). Overall, the total inflow into exchanges in the near future was 401.26 billion SHIBs, while the total outflow was 317.72 billion. Although not all tokens sent to exchanges are sold immediately, historical experience has shown that persistent excess inflows have often increased the supply available for trading, sometimes triggering downward pressure on prices. As exchange activity heats up, SHIB is trying to maintain the recovery in the broader market.

Technical resistance limits rebound

SHIB had previously failed to hold the US$0.000006 mark and has now fallen back to around US$0.0000534. The token fell about 2% on the day, with key technical resistance near its long-term moving average (approximately $0.0000574). This moving average continues to suppress the upward momentum, and SHIB is unable to break through this position, making the overall market trend still unclear. Potential support is at US$0.000049, and if selling pressure intensifies, downside risks may point further to US$0.000046. Recent data shows that SHIB's exchange inflows are almost four times outflows, and the top ten deposits are much larger than the largest withdrawals, highlighting that short-term imbalances may exacerbate selling pressures. Despite these challenges, there are still technical signs that some bullish momentum remains. The Relative Strength Index (RSI) remained near 61, indicating that buyers remain moderately interested. In addition, SHIB is trading above its shorter cycle moving averages, which are concentrated between US$0.0000457 and US$0.0000493. To restore a positive structure and once again open the channel for bulls to hit the $0.000006 barrier, a breakthrough of $0.0000574 is needed. If this breakthrough is not achieved, SHIB will still face further exchange-driven supply flooding into the market.

Investors seek efficiency in volatile environments

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