Shiba Inu Netflows Turn Negative as Exchanges Lose Tokens

Shiba Inu outflows have exceeded inflows by roughly 406 billion tokens. The shift suggests holders moved assets off exchanges over the last day.

Total exchange netflow is negative at roughly 101.2 billion SHIB. This figure comes from the difference between 287.2 billion tokens entering and 356.7 billion leaving.

What This Means for Holders

The decline in exchange reserves matters more than the raw transfer count. Total SHIB held on exchanges declined 0.11% over 24 hours to approximately 88.03 trillion tokens.

The dollar value of SHIB reserves fell 1.42% to around $519.4 million. A drop in reserves often signals reduced sell pressure. But it can also indicate users moving funds to wallets for staking or DeFi.

Network Activity Stalls

Despite the token movement, user activity did not spike. Active addresses are almost unchanged, rising just 0.87%. This gap between token transfers and new users suggests existing holders are rearranging portfolios rather than new entrants joining.

Price Action and Resistance

SHIB currently trades around $0.00000589. The price remains above the major long-term moving average near $0.00000565. That support level has held during recent volatility.

SHIB continues to struggle with the $0.00000600–$0.00000610 region

The September peak around $0.00000630 remains the larger technical barrier. Until volume increases, this resistance is likely to hold.

The Outflow Trend

The seven-day moving average of mean exchange outflows has collapsed 51.4%. A collapse in outflows usually means fewer tokens are leaving exchanges for cold storage. That contrasts with the current net outflow spike.