Shiba Inu (SHIB) Exchange Inflows Hit 4x Outflows in 24 Hours

Exchange Inflows Outpace Outflows 4x

Shiba Inu (SHIB), the meme-themed altcoin, saw exchange inflows run roughly four times larger than outflows over the past 24 hours, a flow imbalance that on-chain data suggests could translate into short-term sell pressure. Average exchange inflow per transaction reached approximately 1.4396 billion SHIB, while average outflow stood at just 364.95 million SHIB, according to exchange flow data. Total inflows also exceeded total outflows, with about 401.26 billion SHIB moving onto trading platforms versus 317.72 billion SHIB moving off. Large transactions showed the same pattern: the top 10 inflow transfers totaled 5.98 billion SHIB, while the top 10 outflows totaled 2.33 billion SHIB. Exchange deposits do not automatically mean tokens are being sold; funds can be moved to collateralize positions or routed into liquidity pools on automated market makers. Still, the scale of the imbalance points to a market that may be preparing for distribution rather than accumulation. The ratio of inflows to outflows is one of the clearest short-term signals in exchange flow data. The flow data arrives as SHIB struggles to extend a recent push above $0.000006, a level it cleared but could not hold. The long-term moving average near $0.00000574 also remains unbroken resistance, and the relative strength index at roughly 61 suggests momentum has not fully faded even though upside has stalled. For now, SHIB continues to trade above its short-term moving averages in the $0.00000457–$0.00000493 zone, leaving the immediate structure intact while the exchange flow data raises a caution flag for the sessions ahead. Traders are now watching whether buying volume can absorb the incoming tokens; a failure to do so would put the first support zone under pressure. Analysts highlight the first major support near $0.0000049, with a second at $0.0000046, and the market's ability to absorb incoming supply will likely determine whether the recent range holds. The coming sessions will show whether the market treats the deposits as liquidity to be absorbed or as supply to be sold.

Burn Rate Jumps 88% as 39.23M SHIB Torched

In a separate development, 39.23 million SHIB was sent to dead wallets in the last 24 hours, removing the tokens from circulation permanently and lifting the daily burn rate by more than 88%, according to burn-tracking data. Dead wallets are addresses with no known private key, making the tokens unspendable. The 39.23 million SHIB destroyed is small relative to the total supply, but the mechanism remains a central part of the token's narrative. The weekly total stands at 192.84 million SHIB burned, although the weekly burn rate declined 38.86%, and the 30-day cumulative figure reached 3.48 billion SHIB. Since the burn mechanism began, 410,843,929,693,979 SHIB has been destroyed across 21,631 transactions out of an initial 1 quadrillion supply, meaning roughly 41% of the original supply has now been permanently removed. The burn is a core part of Shiba Inu's tokenomics, designed to gradually reduce the float and support scarcity over time; even a relatively small daily burn contributes to that long-term supply reduction. The burn mechanism is often cited as a way to reduce the supply overhang that can limit future all-time high attempts. The latest data also comes after a week in which Shiba Inu staged one of its sharpest rallies of the summer, climbing 26.4% from $0.00000492 to $0.00000622 before meeting resistance and pulling back. That rally pushed SHIB above its daily 50-period moving average and, for the first time since mid-September 2025, above the daily 200-period moving average. The price has since retreated toward the daily 200-period moving average near $0.00000541, a level now watched as a short-term pivot. With supply destruction continuing and the price digesting its recent gains, the burn data offers a counterweight to the exchange flow warning, though the two forces are not necessarily in conflict: reduced supply can support price over time, while short-term distribution pressure can still drive pullbacks.

Fibonacci and Ichimoku Levels in Focus

COINOTAG's proprietary 42-indicator composite scoring engine rates the nearest resistance at 57/100, supported by a Fibonacci 0.236 and 0.214 confluence, while the strongest support carries a 57/100 score from Fibonacci 0.382. The Ichimoku Tenkan, Kijun, Senkou A and Senkou B cluster adds a 50/100 support layer. Perpetual funding is positive at 0.0056%, with longs paying a small premium and leverage not stretched, while the Fear & Greed Index at 66 shows Greed. RSI at 64.94 and MACD neutral leave momentum supportive but not overheated. A decisive break above the 57/100 resistance would strengthen bullish case; a daily close below the 50/100 Ichimoku support cluster would invalidate it and expose lower Fibonacci supports, shifting the structure into a bear-market phase.