Shiba Inu (SHIB) Exchange Flows Reverse as 153 Billion Tokens Return

What to Know

• Shiba Inu exchange netflows turned positive at 153 billion SHIB as deposits exceeded withdrawals following the recent Binance security breach.

• Exchange reserves stand near 85 trillion SHIB, worth approximately $400 million, raising concerns about potential selling pressure among investors.

• SHIB trades near $0.00000465 below major moving averages, requiring stronger buying volume to reclaim the crucial $0.000005 resistance level.

Shiba Inu (SHIB) has recorded a significant reversal in exchange activity, with token deposits overtaking withdrawals following recent market disruptions. According to on-chain data, approximately 429 billion SHIB entered exchanges, while investors withdrew 276 billion tokens.

Consequently, netflows reached positive 153 billion SHIB, ending the sustained withdrawal trend associated with the recent Binance security breach. The reversal comes as SHIB struggles to recover above important resistance levels amid persistent market uncertainty.

Shiba Inu Exchange Inflows Overtake Withdrawals

Exchange data indicates that SHIB deposits have increased considerably, reversing the negative netflows recorded during previous trading sessions. Earlier, investors withdrew substantial amounts from exchanges, with seven-day outflows reaching approximately 220 billion SHIB.

The withdrawal activity coincided with disruptions following the Binance hack, which temporarily restricted cryptocurrency transfers. Significantly, exchange reserves currently stand near 85 trillion SHIB, representing approximately $400 million at prevailing market prices.

This level remains consistent with historical reserve patterns, despite considerable changes in recent exchange activity. Rising exchange balances could increase available selling supply, particularly if investors decide to liquidate their holdings.

SHIB Price Struggles Below Key Resistance Levels

Meanwhile, Shiba Inu faces technical weakness, with the cryptocurrency trading around $0.00000465 and remaining below major moving averages. The daily chart also shows SHIB breaking below an ascending support trendline, reflecting weakening buying momentum.

Source: TradingView

Additionally, analysts identify the $0.0000050 to $0.0000052 range as an important resistance zone. A stronger recovery would require SHIB to reclaim these levels before challenging the longer-term moving average near $0.0000055. The Relative Strength Index remains relatively low, indicating limited buying strength across recent trading sessions.

Shiba Inu Recovery Depends on Buying Volume

Despite improving exchange activity, SHIB requires stronger demand to overcome existing technical resistance and establish sustained upward momentum. The positive 153 billion token netflow also raises concerns about additional selling pressure across cryptocurrency exchanges.

Furthermore, increased trading volume remains essential for confirming whether buyers can regain control of the market. Shiba Inu’s exchange reversal highlights changing investor activity, while weak technical indicators leave its recovery uncertain. A sustained move above $0.000005 could improve market sentiment and support further price gains.