Shiba Inu (SHIB) Sees 92.07 Billion Token Net Inflow to Exchanges

Second Deposit Wave in a Week

An unusually large batch of Shiba Inu (SHIB) tokens reached trading venues over the latest 24-hour window. On-chain flow data shows 92.0678 billion SHIB moved onto crypto exchanges on a net basis, meaning deposits outstripped withdrawals and the buffer of tokens positioned for sale grew. Total inflows came to 324.281 billion SHIB, a 1% increase, while outflows rose 1.13% to 232.2131 billion tokens, leaving roughly 92 billion in net deposits; the netflow reading itself advanced 0.77% across the period. Both sides of the ledger expanded at once, but deposits grew faster, so the net effect added to sellable supply rather than draining it. Exchange netflow is one of the primary gauges used to judge whether holders are staging assets for sale or moving them into self-custody, because tokens on a trading venue can be sold in seconds while coins in self-custody must move first. The memecoin's exchange reserves tell the same story from the balance-sheet side: they rose 0.11% to 86.2525 trillion Shiba Inu (SHIB) even as the dollar value of those balances fell 2.9% to $418.32 million, so token counts and market valuation moved in opposite directions. The latest reading is also the second deposit wave of the month. On October 23, the token registered about 77.3 billion SHIB in net inflows, and the repeat indicates the pressure is not a one-off. It is a sharp reversal from an earlier stretch in which SHIB recorded a net outflow of 95.68 billion tokens, a session in which holders were pulling supply off venues instead of staging it. The Shiba Inu price last changed hands near $0.00000491, up 0.4% since the flow reading was compiled but about 1% lower across 24 hours.

Our own composite scoring points in the same direction. COINOTAG's support and resistance model grades the resistance cluster overhead at 100 out of 100, the strongest reading on the chart, formed where the 20, 50 and 100 exponential moving averages meet the 200 simple moving average. The strongest support shelf below sits at 65/100, where the Bollinger Bands lower band and several swing levels converge. Momentum agrees: the relative strength index prints 38.60, the MACD signal is bearish, and the broader trend is classified as a downtrend. Positioning adds little cushion either way, with the perpetual funding rate at 0.0064%, barely above neutral, and open interest at $9.47 million.

Buyers Fail at $0.0000052

The daily chart backs the caution in the flows. At the 12:22 UTC reading, Shiba Inu (SHIB) traded near $0.00000489, having closed below several major moving averages after the early-October recovery attempt ran out of steam. The token had pushed toward the $0.0000060 area earlier in the month, met heavy supply there and rolled over, and its inability to hold above $0.0000052 has left sellers in charge of the short-term structure. Sustained closes under the moving averages have capped every rebound the token has attempted since the start of October. The nearest overhead marker is the psychological $0.0000050 line, with a denser selling band between $0.0000054 and $0.0000056 behind it. Below the market, the first watched floor sits near $0.0000048, and a deeper pullback would put the $0.0000044 area in view. That leaves the coin a step from the 2026 low at $0.00000480, and the SHIB technical analysis page tracks how those levels resolve as new flows land. For an altcoin holding this close to its yearly floor, a second deposit wave inside a week leaves little room for error. Any close back above $0.0000052 would be the first evidence that the deposit wave is being absorbed rather than sold. One supply-side counterpoint surfaced recently, when the burn rate jumped 428,862% in a single day, a mechanism that permanently removes tokens from circulation. Burn spikes of that size can tighten the float, yet 92 billion tokens staged on exchanges is a heavier near-term factor, and the sessions ahead will show which force carries more weight.