A significant 283 billion shib has been siphoned from exchanges. while there's a net outflow, high simultaneous inflows suggest aggressive repositioning and 'churn' rather than clean accumulation. the usd value of exchange reserves also fell by 7%, indicating underlying price weakness.
The analysis uses specific on-chain data, including exchange inflow/outflow figures and the change in the usd value of exchange reserves, offering a detailed and nuanced interpretation of the data.
Despite net outflows often being bullish, the context points to distribution. shib remains below significant moving averages, rallies are swiftly sold into, and the 'long-term trend is still very negative.' this indicates capital is cycling out rather than being accumulated.
The article suggests a 'structural weakness' and that shib is acting as a 'distribution asset.' this indicates a prolonged period of weakness unless there's a significant shift in accumulation patterns and a decisive break above key resistance levels.
Cover image via U.Today Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available. Read U.TODAY on Google News Shiba Inu pushed away USD value falls Advertisement Shiba Inu has subtly lost liquidity over the past day in a way that is difficult to notice if you just consider price. Exchanges have successfully transferred about 283 billion SHIB, and the on-chain image shows that this is not just random noise. According to exchange data, there was a net outflow of roughly 275.8 billion SHIB, indicating that more tokens were removed from exchanges than were added. Shiba Inu pushed away That typically sounds bullish on paper because moving coins off exchanges frequently indicates accumulation or long-term holding. However, the context is important, and in this case, it is messy. With a total outflow of about 629 billion SHIB and a total exchange inflow of about 319.8 billion SHIB, there appears to be more churn than clean accumulation. SHIB/USDT Chart by TradingView To put it another way, SHIB is making a lot of moves — but not always to capable hands. Both the inflow and the seven-day average outflow (MA7) increased by almost 120% and more than 300%, respectively. That is a warning sign of instability. Traders are typically aggressively repositioning rather than calmly stacking bags when both inflows and outflows spike at the same time. HOT Stories Morning Crypto Report: XRP Bears Burned in 16,559% Liquidation Imbalance Chaos, Binance Cuts 22 Coins From Bitcoin and Ethereum, Pro-Ripple Lawyer Blasts Coinbase CEO: Here's Why Cardano Founder Attacks Ripple CEO. Key Reason Why Bitcoin Price Dump Raises Eyebrows SHIB Price Teases 22% Breakout, Ripple Scores Major EU License Win, XRP Rockets 428% in Capital Allocation, Strategy Makes Biggest BTC Purchase in Months — Top Weekly Crypto News USD value falls A clearer picture emerges when you consider that exchange reserves decreased slightly (-0.33%), but the value of exchange reserves in USD fell by almost 7%. This indicates that price weakness, not just token movement, is contributing to the problem. This is supported by price movement. SHIB is still trapped beneath significant moving averages, and the long-term trend is still very negative. Advertisement You Might Also Like Sun, 01/18/2026 - 02:00 Shiba Inu Ecosystem Celebrates First Anniversary of Shibarium-Based Token By Caroline Amosun Volume spikes seem more like reactionary trading than conviction-buying, and recent bounces have been feeble and swiftly sold into. The lack of momentum is confirmed by the RSI hovering in the midrange, which is neither oversold enough for a significant bounce nor strong enough to reverse the trend. In terms of strength, SHIB continues to profit from a large liquid market and high on-chain activity. The network is not dead, as evidenced by slightly higher active addresses, and there is still enough liquidity for big players to change size without immediately destroying the chart. It is a structural weakness. In a downtrend, SHIB still acts like a distribution asset: rallies encourage exits rather than follow-through. Advertisement These outflows are less indicative of bullish accumulation and more indicative of capital cycling out through each bounce until exchange flows stabilize and the price regains important moving averages with volume. SHIB is obviously being siphoned rather than stored, but it is not collapsing at the moment. #Shiba Inu #Shiba Inu (SHIB) Price Prediction