Exchange-flow data for Shiba Inu shows signs of stabilization after a period of pronounced selling pressure. The latest on-chain snapshot indicates that SHIB may be moving past its most turbulent recent phase, with net exchange flows turning moderately positive.
Exchange flows and price stability
According to recent figures, exchange inflows reached 465,652 billion SHIB in the past 24 hours, marking a 2.46% increase. On the other hand, outflows totaled 350,424 billion SHIB, resulting in a net inflow of approximately 115,228 billion SHIB onto exchanges.
The average transaction size related to exchange deposits has also risen, now averaging roughly 1,132 billion SHIB per transaction. Historically, significant movements of tokens onto exchanges have signaled increased sell-side pressure, raising caution due to the potential for rapid liquidation of these assets.
Despite this notable inflow, Shiba Inu’s price has not shown the same vulnerability to sell-offs that was previously observed. The daily price chart revealed a brief drop below $0.00000480; however, buyers quickly responded, pushing the price up to about $0.00000537 and creating a significant lower wick.
Moving averages and market resilience
SHIB’s value has since regained ground, moving above the cluster of short-term moving averages between $0.00000500 and $0.00000520. While the technical setup does not yet confirm a full reversal, some analysts interpret this as a potential sign of seller fatigue, suggesting that the lower price range may have attracted renewed buying interest.
Although bears temporarily pushed SHIB below its support, the price did not sustain these lows. The market has withstood considerable exchange inflows without further decline, implying a weakening effect of additional selling pressure.
While significant exchange inflows persist, the inability of bears to generate a continued breakdown highlights a possible shift in momentum, as SHIB absorbs supply without pushing to new lows.
Network activity trends
Beyond price movement, several indicators point toward stabilization in network activity. The total number of SHIB tokens transferred increased by 1.09% to around 3.006 trillion SHIB. In addition, the total number of transactions rose by 0.96%, and transfers climbed by 1.03% during this period. These modest increases suggest that activity on the network remains resilient, even as prices have exhibited weakness.
Current market data reflect a setup that continues to improve despite ongoing selling risks. SHIB’s ability to hold above support and absorb large inflows without a steep decline may signal that downward pressure is losing momentum.
Mini dictionary: On-chain snapshot, a real-time or periodic summary of activity and asset movement across a blockchain network, commonly used to monitor exchange flows, wallet activity, and other trading metrics for cryptocurrencies like Shiba Inu.
| Metric | Latest Value | Change (%) |
|---|---|---|
| Exchange inflows | 465,652 billion SHIB | +2.46% |
| Exchange outflows | 350,424 billion SHIB | – |
| Net inflow | 115,228 billion SHIB | – |
| Total tokens transferred | 3.006 trillion SHIB | +1.09% |
| Number of transactions | – | +0.96% |
| Number of transfers | – | +1.03% |
