Shiba Inu (SHIB) recorded an outflow exceeding 50 billion tokens from exchanges within the last 24 hours, indicating that investors may be quietly amassing the coin despite its recent price weakness.
Negative Netflow Highlights Investor Accumulation
Cryptoquant data shows exchange inflows of roughly 205.6 billion SHIB, while outflows climbed to about 256.5 billion SHIB. The resulting netflow of approximately –50.8 billion SHIB suggests a significant shift of tokens from public wallets to private holdings. Market analysts often interpret sustained negative netflows as bullish because they signal that investors are moving assets off‑exchange rather than preparing to sell.
Active Addresses Defy Downtrend
On the same reporting interval, the number of active addresses rose by close to 1 %, and both sending and receiving address counts posted gains. This stability in blockchain activity implies that network participation remains robust even as the SHIB price drifts lower. In many bearish crypto markets, activity levels typically collapse, but the Shiba Inu blockchain appears resilient.
Shrinking Exchange Reserves Tighten Supply
Exchange reserves of SHIB continued their downward trajectory, with the total amount held on exchanges falling again during the latest period. A reduced pool of readily tradable tokens limits the immediate supply that can be sold on the market. Consequently, the tighter supply dynamics could exert upward pressure on the SHIB price if investor demand persists.