SHIB Gains 1% as 31.7B Tokens Move to Exchanges

TLDR

• Shiba Inu recorded a net inflow of 31.74 billion SHIB into exchanges within 24 hours.
• Exchange reserves increased to 81.0039 trillion tokens after deposits exceeded withdrawals.
• The 7- day moving average of SHIB inflows fell by 14.5% to 697.8 million tokens.
• Open interest declined by 6.1% to $57.5 million as traders reduced leveraged positions.
• Daily trading volume dropped 24% to $114.7 million across exchanges.

Shiba Inu recorded heavy exchange inflows as 31,740,200,000 SHIB moved onto trading platforms in 24 hours. At the same time, derivatives activity weakened and spot volume declined. Yet the token gained over 1% and held firm above the $0.0000060 support level.

SHIB Exchange Inflows Increase While Supply on Platforms Expands

CryptoQuant data shows that 31.74 billion SHIB flowed into exchanges during the past 24 hours. Deposits exceeded withdrawals, which lifted exchange reserves to 81.0039 trillion tokens. This shift placed more tokens on centralized platforms and increased available supply.

Although inflows do not confirm instant sales, they raise the probability of liquidation. Tokens held on exchanges allow faster selling and can affect short-term pricing. However, the 7-day moving average of SHIB inflows fell 14.5% to 697.8 million tokens, which signals fewer large deposits.

Derivatives Activity Drops as Price Holds Above $0.0000060

Open interest declined 6.1% to $57.5 million as traders reduced leveraged positions. At the same time, daily trading volume dropped 24% to $114.7 million. This pullback showed lower participation across futures and spot markets.

Despite these declines, SHIB climbed more than 1% in the same period. The token stayed above the $0.0000060 threshold and avoided a breakdown. Funding rates stood at 0.0064%, which indicated that long traders paid short positions.

Shiba Inu also held above its 50-day moving average at $0.00000591. This level separates short-term bearish and bullish momentum. Maintaining this position keeps the token within an established technical range.

Market data showed that SHIB outperformed Bitcoin and Ethereum over the same 24-hour window. Both larger assets posted weaker price action during that timeframe. The contrast highlighted relative resilience in SHIB’s short-term movement.

Exchange reserve growth reflected a slight increase in token supply on trading venues. Higher reserves can balance demand when buyers remain limited. However, reduced average inflows suggested that large holders slowed fresh transfers.

Derivative traders trimmed exposure as volatility remained contained. Lower open interest often signals reduced speculative pressure. Volume contraction also pointed to slower transaction flow across exchanges.

Analysts cited the $0.0000060 level as immediate support in current trading sessions. They also referenced a potential upside target near $0.000014 if support holds. Shiba Inu price remained within this range at the time of reporting.

Funding data continued to reflect mild bullish positioning in futures markets. Long traders maintained payments to short sellers at 0.0064%. This structure indicated that buyers still held short-term confidence.

SHIB traded above $0.0000060 at press time and stayed above its 50-day average. Exchange reserves measured 81.0039 trillion tokens after the inflow spike. Open interest remained at $57.5 million while daily volume stood at $114.7 million.

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