Shiba Inu Sees Major Exchange Outflows: What Does This Mean for SHIB?
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Written by
Simonas Brazionis - Updated 2025-11-12 13:35:51
Shiba Inu (SHIB) has recently seen a significant outflow from exchanges, indicating that holders are reluctant to sell, with a massive 433% increase in outflows. This surge in outflows could signal a shift in sentiment, with more investors choosing to accumulate SHIB rather than sell.
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No Sell-Side Pressure Yet: SHIB Remains Steady at $0.00099
Despite the increase in outflows, Shiba Inu's price has remained relatively stable, hovering around $0.00099, showing a 3% rise over the past day. The token’s performance is currently stuck between key resistance levels, including the 50-day EMA at $0.0000107 and a stronger resistance at $0.0000114. The 200-day EMA at $0.0000125 remains a critical level for any potential trend reversal.
Trading Volume and Potential for SHIB’s Next Move
The latest surge in outflows is happening at a time of historically low trading volumes, suggesting that this is more likely to be a genuine accumulation phase rather than speculative activity. While SHIB remains neutral according to the RSI at 48, it still faces significant resistance in the short term. A failure to break these resistance levels could push the price back toward the $0.0000090 level.
What’s Next for Shiba Inu?
The substantial outflows may be an indication that large holders are quietly accumulating SHIB, potentially reducing the downside risks for the token. However, for the rally to be confirmed, SHIB needs to break through the key resistance levels and see an increase in buying volume. Until that happens, the market remains in a delicate balance, with exchange liquidity continuing to drain.
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