2.6 Trillion Shiba Inu Outflow May Reduce Selling Pressure, Possibly Paving Way for Long-Term Rally

  • Large outflow of 2.6 trillion SHIB removed immediate sell-side liquidity

  • Reduced exchange supply can amplify price moves on modest demand

  • Technical structure: testing resistance near $0.0000130–$0.0000138; watch 200‑day EMA and volume

Shiba Inu outflow: 2.6T SHIB left exchanges, easing pressure and creating bullish potential — read analysis and expectations from COINOTAG.

Is Shiba Inu pressure alleviated?

Shiba Inu exchange outflows of 2.6 trillion tokens on Sept. 9 materially lowered available supply on centralized venues, which typically reduces short-term selling pressure. When large holders move tokens to cold storage or custody, the market often becomes more susceptible to upward moves if demand remains steady.

Why does a 2.6 trillion SHIB outflow matter?

Large withdrawals are usually executed by whales or institutional custodians. Removing tokens from exchanges makes immediate sell orders less likely. On‑chain data providers such as Glassnode and CryptoQuant (plain text references) track these flows and often interpret big outflows as accumulation or long‑term custody.

Technical context: SHIB recently broke out of a triangle consolidation and is testing resistance at $0.0000130–$0.0000138. Moving averages are tightly clustered, and a clear move above the 200‑day EMA with rising volume would suggest trend continuation. Traders should watch volume and exchange inflows as confirming signals.

Article image

SHIB/USDT Chart by TradingView

Exchange flow dynamics matter as much as chart patterns. Sustained low inflows combined with growing off‑exchange custody typically signal lower downside risk. Conversely, a sharp return of inflows is often associated with profit taking and short-term selling pressure.

What to expect?

Expect a period of volatility with asymmetric upside potential. The 2.6 trillion SHIB outflow reduces immediate selling liquidity, but it does not guarantee instant price appreciation. If demand increases or trading volume rises alongside a clean break above the 200‑day EMA, SHIB could begin a more sustained rally.

COINOTAG analytics notes that mid‑term prospects hinge on three measurable factors:

  • Exchange inflows: a spike would negate the outflow’s effect.
  • On‑chain accumulation: steady growth in long‑term holder balances favors higher prices.
  • Technical confirmation: a daily close above the 200‑day EMA with rising volume.

An internal COINOTAG analyst commented: “The magnitude of this outflow suggests strategic accumulation rather than short-term repositioning. Monitor inflows and 200‑day EMA for confirmation.”


Frequently Asked Questions

How significant is a 2.6 trillion SHIB outflow in market terms?

It is one of the largest single‑day exchange outflows for SHIB, indicating substantial removal of available sell liquidity. Large outflows of this size are often treated as accumulation signals by the market and analysts tracking on‑chain flows.

What technical levels should traders watch next?

Traders should track resistance at $0.0000130–$0.0000138, the 200‑day EMA, and volume trends. A breakout with rising volume increases the probability of sustained upside moves.

Key Takeaways

  • Massive outflow: 2.6 trillion SHIB left exchanges on Sept. 9, reducing sell-side liquidity.
  • Technical pivot: Price is testing $0.0000130–$0.0000138; watch 200‑day EMA for confirmation.
  • Actionable insight: Monitor exchange inflows and volume; a sustained low inflow environment supports longer-term appreciation.

Conclusion

This large Shiba Inu exchange outflow lowered immediate selling pressure and improved SHIB’s risk/reward profile. For confirmation of a sustained rally, traders and investors should watch exchange inflows, on‑chain accumulation trends, and a clean technical break above the 200‑day EMA. COINOTAG will continue to monitor developments and provide updates.

BREAKING NEWS

Coinbase Q3 Earnings Preview: COIN Set to Report as Tech Giants Lead US Earnings Week

COINOTAG News notes that on October 28, the week...

USDC Heist Strikes 402 Bridge as 402bridge.fun Shuts Down, Marking the First Public Theft in the 402 Protocol

According to a late-October post by SlowMist founder Cosmos...

Metaplanet Launches $5 Billion Bitcoin-Collateral Credit Facility to Boost BTC Holdings and Stock Buybacks

COINOTAG News reports that on October 28, Simon Gerovich,...

ANOME Launches On-Chain Game Destiny on BNB Chain, Tying Every Battle to Token Burn in Its Dual-Engine Deflation Era

According to official channels, ANOME will exclusively roll out...

Trump Family’s World Liberty Financial Destroys 175 Million WLFI Tokens Worth $26.72 Million

According to COINOTAG News, on October 28, analyst Emmett...
spot_imgspot_imgspot_img

Related Articles

spot_imgspot_imgspot_imgspot_img

Popular Categories

spot_imgspot_imgspot_img