Shiba Inu’s exchange flow trend has reversed, with net inflows climbing to 153 billion SHIB as deposits outpaced withdrawals following the recent Binance security breach.
On-chain data shows roughly 429 billion SHIB entered exchange wallets, while 276 billion SHIB were withdrawn during the same period. That marks a shift from the prior trend, when investors pulled approximately 220 billion SHIB from exchanges over seven days as Binance temporarily restricted cryptocurrency transfers after the hack.
Exchange reserves now stand near 85 trillion SHIB, worth about $400 million at current prices. The higher reserve level could increase available selling supply if holders decide to liquidate, adding to bearish pressure.
On the price side, SHIB is trading around $0.00000465 and remains below major moving averages. The daily chart shows a break below an ascending support trendline, signaling weaker buying momentum. Analysts see the $0.0000050–$0.0000052 area as key resistance, with the longer-term moving average near $0.0000055. The Relative Strength Index is also relatively low, reflecting limited buying strength.
Overall, the positive 153 billion SHIB netflow and weak technical setup leave Shiba Inu’s recovery dependent on stronger buying volume and a sustained move above $0.000005.
