Shiba Inu outflows jump 126% as exchange reserves fall by 1.4 trillion SHIB

On‑chain data shows Shiba Inu (SHIB) experienced a sharp rise in exchange outflows, with the seven‑day average climbing more than 126%, one of the steepest increases recorded in recent weeks. The surge indicates holders are moving tokens from trading platforms to private wallets, reducing the immediate sellable supply.

During the same period, exchange reserves dropped by roughly 1.4 trillion SHIB (about 0.03% of total supply), and total netflow remained negative at around –23.2 billion SHIB. Active address counts rose by over 1%, suggesting broader participation from traders and long‑term holders. Despite these on‑chain signals, SHIB continued to trade near $0.00000425, staying below key resistance levels and its 20‑day and 50‑day EMAs. The RSI has edged higher from oversold territory, indicating diminishing selling pressure, while large‑holder (whale) accumulation persists.