Shiba Inu (SHIB) has encountered a 78% decline in one of its key metrics. In particular, there has been a significant drop in the seven-day average outflow of SHIB from exchanges, which amounted to approximately 421.6 million tokens – a decrease of 55.75% compared to the previous period. When looking at the recent peak, the decline reaches 78%. This is significant, as a constant outflow of tokens from exchanges usually indicates that assets are leaving easily accessible trading liquidity.
Currently, the overall flows from exchanges look as follows: inflow – approximately 239.28 billion SHIB (+1.07%), outflow – approximately 236.97 billion SHIB (+1.3%). The net flow is positive and amounts to about 2.31 billion SHIB – meaning tokens are entering exchanges slightly faster than they are leaving. Reserves on exchanges remain virtually unchanged at 87.19 trillion SHIB, which does not indicate a significant wave of deposits. However, the combination of positive net flow and declining average outflow undermines the previous advantage on the supply side.
Network activity shows moderate improvement: the number of transactions has increased by 1.22%, active addresses by 1.13%, and active receiving addresses by 1.29%. Despite these small achievements, there is no clear price breakout. SHIB is trading around $0.00000514, remaining within the range of $0.0000050–$0.0000052 – a tight cluster of short-term moving averages. The long-term average around $0.0000056–$0.0000057 remains the main barrier. If the token surpasses $0.0000054, testing $0.0000056–$0.0000058 may become relevant again. A loss of $0.0000050 would open the way to $0.0000048 and possibly $0.0000045.
The 78% reduction in outflow eliminates a potentially significant source of support at a time when the price remains technically vulnerable, but it does not guarantee another sell-off of SHIB.
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