Shiba Inu (SHIB) Sees 33.77% Exchange Withdrawal Spike: Accumulation Trend Emerges

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<a href="https://investment-policy.com/shib-usd/">Shiba Inu</a> (<a href="https://pricpr.com/shib-usd/">SHIB</a>) Records 33.77% Exchange Withdrawal Spike: Accumulation Trend Emerges

After a period of low trading activity, Shiba Inu is showing early indications that investors are starting to buy and hold the cryptocurrency. Recent data suggests money is flowing into exchanges with the intention of long-term storage rather than immediate selling.

Shiba Inu’s outflows crawling up

The biggest recent change comes from people withdrawing SHIB from exchanges. There’s been a large increase in SHIB leaving centralized exchanges, causing the overall netflow of tokens on those exchanges to drop significantly into negative numbers. Currently, the netflow is around -134 billion SHIB, and total withdrawals have exceeded 442 billion tokens. Basically, more SHIB is being taken off exchanges than is being put on them.

The recent decrease in SHIB withdrawals from exchanges is noteworthy, as it often suggests investors are planning to hold onto their coins for the long term rather than sell them. This supports the idea that SHIB is becoming more stable. The price chart also shows a positive trend, as it has been steadily increasing after a dip earlier in the year. Currently, SHIB is attempting to overcome some short-term price hurdles, moving towards key moving averages which could signal further gains.

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SHIB is currently trading below its 200-day Exponential Moving Average, a key level that suggests a long-term downward trend. As a meme asset, SHIB is very sensitive to market sentiment, so any gains could quickly disappear if the broader cryptocurrency market loses steam.

Accumulation pushed to the edge

Looking closer at the data, there are some inconsistencies. Although the average amount leaving exchanges over the past week dropped significantly – by over 73% – the total exchange reserves only decreased slightly, by about 0.16%. This suggests the recent surge in withdrawals was likely due to a small number of large transactions, not a mass movement of funds by regular users. Overall, the current trend points towards people buying and holding crypto rather than selling it.

Looking ahead, SHIB has two likely paths. If Bitcoin and the overall crypto market stay healthy, SHIB could break out of its current trading range and experience another price surge fueled by individual investors and renewed interest in meme coins.

Another possibility is a period of slow, steady growth. Before SHIB’s price significantly changes direction, it might continue to strengthen gradually as large investors buy more. Currently, Shiba Inu seems much more stable than it was during its last major price drop.

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2026-05-10 16:32