Shiba Inu (SHIB) has recorded a roughly 60% increase in weekly spot flows, signaling a notable uptick in direct market activity even as the token's price continues to trend lower. Spot flows track real token purchases and transfers rather than leveraged derivatives, making this surge a noteworthy indicator of underlying accumulation interest.
Recent on-chain data highlights positive net inflows across multiple short-term intervals: $43,400 over one hour, $77,100 over four hours, and almost $77,900 over twelve hours. These figures suggest that buyers are absorbing a portion of the available supply while SHIB trades near $0.00000417. However, the stronger spot flows have not yet triggered a convincing price reversal.
From a technical standpoint, SHIB remains beneath all major exponential moving averages on the daily chart. The 20‑day EMA sits around $0.00000440 and the 50‑day EMA near $0.00000464, while the 100‑day and 200‑day EMAs — at $0.00000518 and $0.00000623 respectively — mark even heavier resistance. The Relative Strength Index (RSI) is hovering close to 35, placing SHIB near oversold territory without a confirmed bullish divergence. After failing to sustain its June rebound, SHIB has retreated to the lower end of its current trading range.
On-chain exchange metrics paint a mixed picture. While overall exchange reserves rose only 0.03%, the average seven‑day exchange inflow jumped by 8.25%. Higher inflows often signal that more tokens are being moved onto exchanges, which can increase selling pressure and partially offset the positive spot-flow trend.
For SHIB’s price health to genuinely improve, buyers would need to push the token above the $0.00000440 level and then reclaim $0.00000464. Until those thresholds are cleared, the increased spot flows suggest accumulation but do not confirm a sustained recovery. A breakdown below the recent floor around $0.00000410 could expose SHIB to another leg down toward the $0.00000400 area.
