Shiba Inu on-chain metrics show a sharp 70% drop in exchange netflows and rising exchange inflows, signaling reduced accumulation pressure and increased potential sell-side risk for SHIB in the short term. Monitor exchange balances and moving averages for confirmation.
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Exchange netflows plunged >70%: rapid reversal in capital movement suggests less token removal from exchanges.
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Exchange inflows rose to ~1.5B SHIB (7-day mean): short-term holders may be moving tokens to exchanges to sell.
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Price vs. moving averages: SHIB faced resistance near the 200-day EMA after briefly clearing the 50-day EMA; RSI cooled from overbought.
Shiba Inu on-chain metrics: exchange netflows plunged 70% and inflows hit 1.5B SHIB, signaling sell pressure risk — check exchange balances and EMAs now.
What do Shiba Inu on-chain metrics indicate about price sustainability?
Shiba Inu on-chain metrics indicate a weakening accumulation trend as exchange netflows collapsed by over 70% while exchange inflows climbed to ~1.5 billion SHIB (7-day mean). This combination raises the risk of renewed sell pressure and suggests short-term price sustainability is uncertain.
How significant is the exchange netflow decline?
The netflow crash — a reversal from net outflows to sharply reduced outflows — is a high-signal event. When fewer tokens leave exchanges, available sell-side liquidity increases. Data providers such as Glassnode and on-chain analytics referenced by market trackers show a greater probability of distribution following such reversals.
Evaluation of metrics
Reduced accumulation pressure is indicated by the netflow crash, which shows a sharp decline in tokens leaving exchanges. This implies instead that more SHIB might be remaining on exchanges in anticipation of liquidation.
Since higher exchange balances raise the possibility of sell pressure, this is frequently viewed as bearish. TradingView charts and on-chain dashboards reflect this increase in exchange supply alongside a declining netflow indicator.
SHIB/USDT Chart by TradingView
The exchange inflow, which increased to about 1.5 billion SHIB (seven-day mean) in recent data, is the second significant on-chain signal. Increased inflows usually indicate that tokens are being deposited on exchanges, a common precursor to sell-offs.
Combined, the netflow decline and higher inflows suggest short-term holders may be preparing to exit positions even though demand from longer-term holders remains uneven. Market participants should watch cumulative exchange balances for further confirmation.
How does pricing and technical performance align with on-chain signals?
SHIB recently tested the 200-day EMA and briefly moved above the 50-day EMA before retracing to roughly $0.0000139 after a $0.0000143 high. Technically, the breakout attempt stalled at long-term resistance, consistent with the bearish on-chain context.
The RSI retreated from overbought levels to a moderate cooldown, reinforcing the case for caution. Key short-term support sits between $0.0000135 and $0.0000138; a decisive reclaim of $0.0000145 would be needed to validate a bullish resumption.
What should traders monitor next?
- Exchange balances: increases suggest potential selling pressure.
- Netflow direction: sustained outflows support bullish conviction; continued collapse favors caution.
- Moving averages: 50-day and 200-day EMAs act as critical resistance/support levels.
- Volume absorption: buyers must absorb sell volume near $0.0000145 to extend gains.
Frequently Asked Questions
How reliable are netflow metrics for predicting SHIB price moves?
Netflow metrics are a strong short-term indicator of supply dynamics but should be paired with volume, exchange balance trends, and technical levels for robust signals. They provide early warnings rather than definitive predictions.
What price levels matter for SHIB right now?
Short-term support is near $0.0000135–$0.0000138 and critical support at $0.0000127. A bullish trigger would be reclaiming $0.0000145 with sustained volume.
Key Takeaways
- Netflow reversal: >70% decline signals reduced accumulation and potential distribution risk.
- Elevated inflows: ~1.5B SHIB inflows (7-day mean) indicate short-term selling intent.
- Technical confirmation required: reclaiming $0.0000145 and sustained outflows would favor a bullish outlook; otherwise, watch support at $0.0000127.
Conclusion
Shiba Inu on-chain metrics point to a cautious near-term outlook as exchange netflows collapse and inflows increase. Traders and investors should prioritize monitoring exchange balances, netflows, and moving averages for confirmation. COINOTAG will continue to track on-chain data and technical levels for updates.
