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Net traffic from the Shiba Inu Exchange reached 38.63 billion SHIB, and selling pressure intensified

2026-07-18 12:36:16
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Shiba Inu Coin (SHIB) recorded a net positive exchange flow of 38.63 billion pieces, indicating an increase in exchange deposits and an increase in market selling pressure.

Affected by the weakness of the overall cryptocurrency market, the price of SHIB fell from US$0.00004234 to US$0.00004083. Buying momentum weakened and investors became cautious about holding positions. Exchange inflows exceed outflows, and the decline in the broader market has also affected market sentiment. Traders are paying close attention to more chain signals to confirm subsequent trends.

Exchange net flow shows increased selling pressure

Shiba Inu Coin (SHIB) recorded a positive exchange net flow of 38.63 billion pieces, indicating that more tokens are being transferred to the trading platform rather than being transferred out. CryptoQuant data shows that selling activity is increasing as investors respond to the weakness of the overall cryptocurrency market. This chain change coincided with the decline in SHIB prices, further strengthening traders 'cautious expectations.

Positive net flow to exchanges usually means that investors are preparing to sell positions rather than move assets into long-term storage. As a result, the latest readings suggest that market participants have shifted to a defensive stance as the volatility of digital assets rebounds.

In addition, Shiba Inu is not the only currency under pressure. During the same period, Bitcoin, Ripple (XRP) and several other major cryptocurrencies also fell, and overall market weakness may have driven an increase in SHIB's exchange deposits.

Exchange activity signals suggest caution in trading

CryptoQuant's Exchange Net Traffic Indicator compares the amount of cryptocurrency entering the exchange with the amount leaving the exchange. Positive readings usually indicate an increase in exchange deposits, while negative readings indicate that investors are moving assets into private wallets. The latest SHIB data shows that exchange deposits exceed withdrawals. As a result, traders seem more willing to leave tokens on exchanges so they can be sold if market conditions deteriorate further.

In addition, exchange inflows are often closely watched because they can provide early signals of changes in investor behavior. Although one-day data cannot confirm long-term trends, continued positive net flows may indicate that selling pressure is increasing. In addition to exchange data, SHIB price movements also reflect weakening market sentiment. The decline over the past day suggests buyers are not absorbing the additional supply entering the exchange.

However, net exchange traffic is only part of the overall market picture. Analysts often compare long-term conclusions with trading volume, wallet activity and price performance before drawing long-term conclusions. These indicators will determine whether SHIB stabilizes or faces further downward pressure in the next few trading days.

Overall market conditions remain a key factor

The broader cryptocurrency market has also influenced investors 'decisions about holding positions. As major digital assets fell back, traders reduced their exposure in multiple areas, including memes such as Shiba Inu. As a result, the increase in exchange deposits may reflect caution in the overall market rather than just concerns about SHIB. A warmer overall market sentiment could improve buying activity, while continued weakness could trigger more selling.

CryptoQuant's latest exchange net traffic data shows that Shiba Inu has entered a period of increasing exchange inflows, and traders have increased token deposits on the trading platform. Combined with recent price declines and weakness in the overall cryptocurrency market, this chain trend reflects a more cautious market environment and investors will continue to focus on signs of changes in momentum.

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