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 ShibaInu (SHIB) chain activity surges: Giant whale redistributes liquidity
According to CryptoQuant data, ShibaInu (SHIB) holders have driven a significant increase in chain activity, and both inflows and outflows from exchanges have risen sharply. Analysts believe the surge stems from large currency holders actively redistributing liquidity in a volatile market environment.
Large-scale liquidity changes and exchange activity
CryptoQuant's data shows that the seven-day average (MA7) of SHIB entering the exchange soared by 206.98%, easily exceeding the 10 billion token mark. At the same time, SHIB outflows from exchanges increased by 255.78%, highlighting the intense two-way activity among major market participants.
Despite this trend of synchronized growth, the overall situation is still biased towards potential sellers. The average inflow transaction size was 2.2786 billion SHIBs, which was almost double the average outflow (1.0996 billion tokens). This suggests that in absolute terms, more tokens are being sent to exchanges rather than withdrawn, creating significant supply pressure.
CryptoQuant is a blockchain data analysis platform that focuses on providing real-time on-chain indicators and exchange traffic data for various digital assets.
Balancing of buying pressures and price stability
The total reserves of SHIB on the exchange remain high, reaching 87.16 trillion tokens. However, the daily net inflow balance (Exchange Netflow Total) showed at-0.24%, indicating that outflows were slightly more than inflows. Despite the huge supply, the price of SHIB has not dropped sharply. According to reports, spot market buyers absorbed most of the selling pressure throughout the day, stabilizing prices and preventing them from falling below current levels.
Recent developments reflect cautious funding rotation, especially after the Ethereum price soared to $3,000. SHIB is functioning as a proxy asset with high beta values, and the accumulation of giant whales is intertwined with selling liquidity gushing out of the largest platforms.
Price trend and chain address growth
In terms of price, SHIB is consolidating in a narrow range around US$0.000052 after falling back from a local high of US$0.000055. Market observers pointed out that the asset repeatedly tested support levels within this range, suggesting that market sentiment has become cautious after previous fluctuations.
Although prices are consolidating, online activity remains strong. The number of active addresses on the SHIB blockchain increased by 0.92%, and the number of received addresses also increased by 0.93%. This increase suggests that organic participation within the community continues even as major holders move large amounts of money between exchanges.
Current on-chain dynamics suggest a fragile balance: large numbers of SHIBs are waiting to be sold on exchanges, but continued spot market demand has so far prevented prices from falling below established support levels. Market analysts warned that a slight decline in buying activity could trigger a rapid decline, as tokens accumulated on exchanges could put sudden downward pressure on the SHIB price as absorption capacity weakens.
