Shiba Inu (SHIB) Sees Billions of Tokens Injected to Exchanges: Crypto Market Liquidations Hits Memecoins

Shiba Inu (SHIB) Sees Billions of Tokens Injected to Exchanges: Crypto Market Liquidations Hits Memecoins

Source: UToday

Published:2026-05-18 13:21

BTC Price:$77388.7

#SHIB #ShibaInu #Bearish

Analysis

Price Impact

High

A significant influx of shib tokens to exchanges, exceeding 303 billion in a day, suggests a strong intention for selling pressure. this, combined with a drop in exchange reserves and failed attempts to recover key moving averages, indicates potential for a substantial price decrease.

Trustworthiness

High

Price Direction

Bearish

The article highlights multiple bearish signals: massive exchange inflows, a decline in exchange reserves, inability to sustain price above major moving averages (50, 100, 200-day), a breaking of the rising wedge formation, and a declining rsi. these factors collectively point to a downward price trend.

Time Effect

Short

The article focuses on recent on-chain data (past day) and current technical indicators, suggesting that the immediate price action is likely to be influenced by these short-term trends. the potential for another leg down if inflows continue points to an imminent effect.

Original Article:

Article Content:

Cover image via depositphotos.com 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. Billionaires are selling Shiba Inu's future Advertisement As on-chain data reveals a sharp rise in exchange inflows, Shiba Inu (SHIB) is under fresh bearish pressure , while the larger memecoin market continues to struggle with significant liquidations and lackluster momentum. Billionaires are selling According to recent metrics, over 303 billion SHIB entered exchanges in the past day, and Exchange Inflow (Top10) surpassed 6.1 billion tokens. The overall exchange outflow, however, did not keep up, indicating that more holders are getting ready to sell rather than transfer tokens into self-custody. Source: Cryptoquant The consistent drop in exchange reserves is one of the most obvious warning indicators. The Exchange Reserve USD metric dropped more than 3%, indicating that the dollar value of SHIB sitting on exchanges continues to decline alongside price weakness, even though reserves fell 0.34% over the previous day. HOT Stories Bitcoin Crash Wipes Out $660 Million XRP Volatility Ahead, Dogecoin (DOGE) Uptrend Continues, Is Toncoin (TON) Capable of Holding $2? Crypto Market Review There was a slight increase in active addresses, but it seems that transfer activity rather than actual accumulation caused the increase. Advertisement Additionally, the TradingView chart shows a declining structure. After repeatedly failing to recover important moving averages, SHIB recently broke out of a rising wedge formation. The fact that the price is still below the 50-, 100-, and 200-day moving averages shows that sellers are still in charge of the overall trend. You Might Also Like Fri, 05/15/2026 - 09:45 Shiba Inu Supply Reduction Momentum Returns With Burn Rate Surging 1,034% By Tomiwabold Olajide After failing to hold above the neutral 50 level, the RSI also saw a significant decline, heading toward oversold territory. This typically indicates growing selling pressure rather than accumulation when combined with rising exchange inflows. Advertisement Because it may indicate planned distribution, large holders transferring billions of SHIB to exchanges frequently causes panic in retail markets. Shiba Inu's future Sentiment in the markets for memecoins changes rapidly. Traders typically shift their capital into more compelling narratives or sell riskier assets completely once momentum wanes. As leveraged traders reduce their positions, SHIB may see another leg down if inflows continue to pick up speed while the price remains below major moving averages. Still, there is a chance that the market will stabilize. SHIB may try to create a local bottom close to current levels if exchange inflows cool and active addresses keep rising naturally. Bitcoin and the larger cryptocurrency market would probably need to rebound before that could happen. As of right now, on-chain metrics are bearish, and traders should anticipate ongoing volatility across all memecoins unless there is a clear return to buying pressure. #Shiba Inu #Shiba Inu (SHIB) Price Prediction