Shiba Inu Investors Pull 114.6 Billion SHIB From Exchange Wallets

114.6 Billion SHIB Leaves Exchanges

Shiba Inu (SHIB) holders withdrew 114,647,400,000 tokens from crypto exchange wallets over the past 24 hours, a flow reading that on-chain data ties to buying rather than selling. The Shiba Inu price has not yet confirmed the shift, but the figure marks the strongest demand signal the token has printed since its latest slide began. Exchange-flow tracking places the venue balance for the leading memecoin 1.37% lower on the day, at a net minus 114.65 billion SHIB. A negative netflow of this kind means tokens that left exchange addresses with buying intent comfortably exceeded deposits sent in to be sold. In plain terms, traders accumulated more SHIB than they parted with across the window, draining supply from venues and moving it into self-custody. The reading carries weight because exchange balances function as a rough proxy for sell-side readiness: coins parked on a trading venue are the ones that can hit the market fastest, and a contracting balance with the price depressed usually points to buyers absorbing supply at current levels. Context matters here. Shiba Inu (SHIB) arrived at this window after losing the $0.00000500 handle in a slide to $0.00000447, and sell pressure across the wider altcoin market kept bidders on the defensive through the correction. Large wallets had already shown the same lean: top-10 wallets slowed their exchange deposits to 2.281 billion SHIB in earlier data. Against that backdrop, a 114.6 billion token withdrawal in a single day suggests a segment of the market treated the drawdown as an accumulation zone. The figure alone does not prove a bottom, since outflows can also reflect cold-storage moves, but the direction of the flow has clearly flipped away from distribution.

Live pricing keeps the rally case on a short leash. SHIB changes hands at $0.00000436, down 2.7% on the day and about 0.2% below its level when the flow figure was published. The derivatives backdrop is mixed: perpetual funding sits at -0.0081%, so short positions are paying longs to stay on, and open interest stands near $7.28 million. Our composite support and resistance scoring still grades the market as a downtrend, with the daily RSI at 33.97 and the MACD signal bearish. The Fear & Greed Index reads 32 out of 100. Continued outflows paired with a funding flip back toward positive would be the confirmation to watch.

Hourly Chart Turns Green, Price Lags

On the price side, the reaction has been muted so far. Shiba Inu (SHIB) still trades in the red on the daily view, and it sits at a small fraction of its all-time high, which is why each added decimal in the price remains a talking point among holders. The hourly chart sketches a narrower but more encouraging picture: intraday candles flipped green during Tuesday trading, a sign that the downward momentum dominating recent sessions is losing force. Momentum on short timeframes leads larger-frame trend changes only when volume and flow confirm, so the green intraday read is a starting point rather than a verdict. Whether the token adds another zero to its price has become the blunt way market participants frame the downside scenario. The exchange-flow data pushes back against that outcome for now, since withdrawals of this size tend to coincide with holders choosing to sit through volatility instead of distributing into weakness. Ownership data leans the same way: the holder count has edged toward 1.7 million addresses after 2,025 additions in November, and a broader base of smaller holders reduces the risk that one cohort of sellers drives the next leg down. The recovery case is nonetheless unconfirmed. Price action has been slow to follow the flow data, and the broader crypto market still carries sell pressure that no single token can ignore. For a durable reversal, the buying streak needs to extend across more sessions and the wider market's selling needs to fade. Until one of those conditions appears, the outflow reading stands as a demand signal to monitor, and traders are watching whether the link between exchange withdrawals and price strengthens in the sessions ahead.