A significant outflow of 228 billion shib from exchanges indicates reduced sell pressure. this scarcity, coupled with a lack of resistance on the charts, suggests that even a small buying impulse could lead to substantial price increases.
The large withdrawal of shib from exchanges creates a supply squeeze. with minimal sell orders above the current price, any buying pressure is likely to push the price up significantly.
The immediate effect of a supply squeeze and liquidity vacuum is typically felt in the short term, as market participants react to the reduced availability of the asset.
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. It appears that a large-scale withdrawal operation from exchanges is taking place on the Shiba Inu market. According to data from Arkham , the net daily flow for the meme coin recorded an outflow of 228.46 billion SHIB. Advertisement The main pressure on reserves came from major withdrawals on the largest platforms. More than 311 billion SHIB were withdrawn from Binance and Coinbase combined within 24 hours. Understanding 228 billion SHIB disconnect Given that there are no fundamental narratives around Shiba Inu at the moment and the token’s price is moving purely based on overall market conditions, acting as a beta to Ethereum, technical analysis shows that the SHIB price is compressed within a narrow range, around $0.000006 on average per coin. HOT Stories XRP Gains $120 Million ETF Flows After 656% Weekly Surge, Binance Users Add 181 Billion Shiba Inu (SHIB) to Portfolios in a Month, Peter Schiff Explains Why Bitcoin at $10,000 Still Long-Term Win: Morning Crypto Report Grayscale Recognizes XRP Ledger as Pioneer In Post-Quantum Cryptography Between the current price and the nearest strong resistance, there are almost no barriers in the form of dense sell orders, as seen on the volume profile, which forms a liquidity vacuum above current levels. Advertisement Shiba Inu (SHIB) on-chain exchange flow, Source: Arkham Against the backdrop of rapidly declining exchange reserves, the market is now in a situation where even a moderate buying impulse could meet a near absence of supply. You Might Also Like Tue, 04/07/2026 - 14:28 Shiba Inu (SHIB) Down 93% From ATH, Is Reversal on Horizon? By Tomiwabold Olajide While the price remains stagnant, this represents a classic divergence. On-chain data confirms scarcity, and technical indicators point to room for upward movement, while the price stays low due to inertia. Advertisement The current net outflow of 228 billion SHIB , combined with an empty volume profile above, creates conditions where any upward move driven by liquidations could be far more aggressive than most expect, simply due to the absence of sellers on exchanges. #Shiba Inu #SHIB #Shiba Inu (SHIB) News