A significant amount of shib tokens (89 billion) being removed from exchanges suggests strong buying pressure. however, this has not yet translated into a price increase, indicating potential resistance or broader market weakness.
Despite the bullish signal from negative exchange netflow, the current price is trading in red territory. this divergence suggests indecision in the market, with potential for a rebound if buying pressure continues, but also risks further decline if broader market conditions worsen.
The immediate price action might see a short-term boost if the buying pressure continues to outweigh selling pressure. however, the negative monthly return suggests that sustained upward momentum might take time to build.
Cover image via U.Today SHIB exchange netflow declines Shiba Inu April return becomes negative Advertisement Shiba Inu has begun the new week on a strong footing as exchange activities show that traders are still actively purchasing the leading meme token. While this often acts as a major indicator for its price, it has barely impacted SHIB’s current trading price as the asset is seen trading in red territory at the start of the week. SHIB exchange netflow declines On Monday, April 13, crypto analytics platform Cryptoquant provided data revealing that the Shiba Inu exchange netflow is showing a negative balance of -89,493,400,000 SHIB. HOT Stories Steve Aoki Liquidates Four-Year SHIB Position in Gemini, XRP ETF Flows Decline 84% as Ethereum Interest Rises, Bitcoin's Long-Term Outlook by Expert Trader Remains Bullish: Morning Crypto Report XRP Facing Extreme Levels of FUD This means that over 89 billion SHIB tokens have been removed from exchanges in major buying activities over the past day as exchange netflows typically represent the difference between an asset’s outflow and inflow across supported exchanges. Advertisement You Might Also Like Sun, 04/12/2026 - 16:03 Shiba Inu (SHIB) on the Cusp of Losing Major Crypto Spot: Examining $3.4 Billion Support Level on April 12 By Gamza Khanzadaev It is important to note that negative netflows are often considered bullish for the concerned asset as they reflect increased buying activity. However, the effect of the negative netflow has yet to reflect on SHIB’s trading price as the asset is still trading in deep red territory, sparking concerns among traders. Advertisement Although the negative netflow suggests that demand is still intact despite broad market volatility, the divergence in its market value has triggered curiosity. Shiba Inu April return becomes negative While Shiba Inu had eventually broken the long streak of steady monthly losses with a positive return of about 3% last month, the asset has yet to sustain momentum until April. As of April 13, Shiba Inu is showing a negative return of -2.65 for the month. If the asset fails to pick up pace and successfully regain momentum, it might be on track to resume another streak of negative monthly returns. However, if the reverse becomes the case, the asset might extend the positive returns seen in March to April by the time the month ends. #Shiba Inu #Shiba Inu (SHIB) Price Prediction