263 Billion SHIB Withdrawn From Exchanges Could Indicate Early Accumulation for Shiba Inu but Resistance Remains

• 263 billion SHIB removed from exchanges in 24 hours

• Exchange reserves down 0.35% to ~82.66 trillion SHIB, while active addresses rose ~1%

• Exchange netflow recorded -292 billion SHIB; price near $0.0000104–$0.0000105 with resistance at $0.0000122–$0.0000133

Shiba Inu exchange outflows: 263B SHIB removed from exchanges, easing sell pressure; read Coinotag’s on-chain analysis and price outlook for next resistance and key levels.

Published: 2025-10-16 | Updated: 2025-10-16 — Author: COINOTAG

What are the Shiba Inu exchange outflows?

Shiba Inu exchange outflows refer to the recent migration of approximately 263 billion SHIB off centralized trading platforms into private wallets and cold storage, according to on-chain tracking. Data from on-chain analytics providers indicate a net exchange outflow of -292 billion SHIB and a modest decline in total exchange reserves, which can reduce immediate sell-side liquidity.

How meaningful are these outflows for SHIB price action?

The outflows are meaningful but not definitive. On-chain providers such as CryptoQuant report the -292 billion netflow and a 0.35% drop in exchange reserves to roughly 82.66 trillion SHIB. Active addresses have increased by ~1%, suggesting renewed on-chain engagement. However, trading volume remains lower than during the early October sell-off, and technical indicators—like the RSI—remain neutral to oversold, indicating consolidation rather than a confirmed breakout.

Shiba Inu on-chain data shows an abrupt change: about 263 billion SHIB were removed from exchanges in the past day. The move comes after weeks of heavy selling pressure that flooded centralized platforms with supply. When tokens leave exchanges for self-custody, it typically reduces immediate sell-side availability and can be an early sign of accumulation by long-term holders or whales. Data referenced here is based on on-chain analytics from CryptoQuant and charting views from TradingView (plain text sources).

Exchanges losing SHIB

The exchange netflow registered a decline of -292 billion SHIB in the latest 24-hour window. Exchange reserve levels fell by about 0.35%, leaving an estimated 82.66 trillion SHIB on centralized platforms. At the same time, the number of active addresses climbed roughly 1%, indicating a rise in on-chain participation.

SHIB/USDT Chart by TradingView

Timing matters: SHIB’s price dipped below the $0.0000115 support level and touched lows near $0.0000095 before recovering to a range between $0.0000104 and $0.0000105. The substantial withdrawal of tokens coincided with the price rebound, which may indicate accumulation into self-custody at lower levels rather than continued panic selling. Chart data and price levels are verified against TradingView charting snapshots (plain text reference).

SHIB still trapped

From a technical standpoint, SHIB remains contained within a descending wedge formation. The 200-day exponential moving average (EMA) sits above the current price and acts as a dynamic ceiling. Resistance is concentrated in the $0.0000122–$0.0000133 band. Until SHIB reclaims and holds above these levels, the overarching downtrend remains intact despite the recent outflows.

Sentiment-wise, the outflows could mark early accumulation after the earlier exchange dumping in October. Nevertheless, volume comparisons show lower participation than during the sell-off. The relative strength index (RSI) remains in neutral-to-oversold territory, signalling that consolidation is more likely than an immediate, decisive reversal.

Coinotag on-chain analyst commentary: “If net outflows continue and exchange reserves decline further, immediate sell-side liquidity will thin, which can create a more favorable backdrop for recovery. However, reclaiming the $0.0000115 zone is the critical market validation point before a bullish narrative gains traction.”

Frequently Asked Questions

How many SHIB left exchanges in the last 24 hours and what does it mean?

About 263 billion SHIB were withdrawn from exchanges in the past 24 hours, with a netflow reading of -292 billion. This suggests a shift to cold storage and could reduce short-term selling pressure; data referenced from CryptoQuant and on-chain metrics.

Is SHIB currently showing signs of a recovery?

SHIB shows early signs of reduced supply on exchanges and modest on-chain activity increases, but it remains technically constrained. Recovery requires reclaiming the $0.0000115 area and surmounting resistance near $0.0000122–$0.0000133 for confirmation.

Key Takeaways

• Large outflows observed: ~263 billion SHIB left exchanges, and net exchange flow was -292 billion, reducing immediate sell-side liquidity.
• On-chain engagement rising: Active addresses increased ~1%, indicating renewed holder interest despite lower trading volumes than early October.
• Technical confirmation required: For a durable bullish shift, SHIB must reclaim $0.0000115 and break resistance in the $0.0000122–$0.0000133 range.

Conclusion

Shiba Inu exchange outflows—highlighted by the removal of roughly 263 billion SHIB—represent a measurable shift in supply distribution and could ease short-term selling pressure if sustained. Coinotag’s analysis, using on-chain data from CryptoQuant and price charts from TradingView (plain text references), underscores that technical hurdles remain. Monitor exchange reserves, netflow, and volume closely; reclaiming $0.0000115 is the key validation level before a broader recovery narrative can solidify. For ongoing updates, follow Coinotag’s on-chain coverage and technical briefs.