Shiba Inu Price Nears 81 Trillion Token Threshold

Shiba Inu is nearing a critical on-chain milestone as exchange reserves close in on the 81 trillion token mark. The development comes amid sustained bearish price action that has left the token struggling to mount a meaningful recovery.

SHIB has traded below its major moving averages for several months. Lower highs and lower lows have defined its price structure throughout this period. The pattern reflects a market still searching for directional conviction.

At the time of writing, Shiba Inu is trading at around $0.00000601, down 2.84% in the last 24 hours.

Technical Structure Signals Continued Weakness

The 50-day exponential moving average (EMA) has served as a consistent ceiling of resistance for SHIB. Each recovery attempt has stalled near this level. The 100-day and 200-day EMAs are equally problematic; all three slope downward, forming a layered resistance zone that the price must clear before any bullish reversal can be confirmed.

A short-term ascending structure has emerged from recent local lows. The token has posted marginal gains over this window. However, technical analysts caution that short-term bounces within a downtrend are common. Without a decisive break above the 50-day EMA, the broader bearish structure remains intact.

Volume has also failed to confirm the recent uptick. Sustained recoveries typically require expanding volume to validate momentum. The absence of that volume suggests the current price movement may be corrective rather than directional. Traders monitoring SHIB should treat any approach toward EMA resistance with caution until price action proves otherwise.

Exchange Reserves Approach a Key Threshold

On-chain data adds another layer of concern. SHIB’s total exchange reserves are approaching 81 trillion tokens, with the most recent figures placing reserves at approximately 80.9 trillion. The steady climb in reserves marks a notable shift in token distribution.

Rising exchange reserves indicate that holders are moving tokens onto trading platforms. This movement typically signals increased sell-side availability. When large volumes of an asset become accessible on exchanges, it raises the potential for heightened selling pressure. Historically, sharp increases in exchange inflows have preceded periods of elevated volatility or price declines.

Exchange netflow data reveals an active repositioning among market participants. Inflows and outflows are fluctuating rather than trending decisively in one direction. This dynamic suggests uncertainty. Holders are neither fully committing to long-term positions nor executing a uniform exit strategy. The result is an unstable supply environment that complicates the price recovery effort.