SHIB exchange outflows surged 191.89%, suggesting reduced immediate selling pressure.
Continued outflows and stronger volume could push SHIB toward higher resistance levels.
Rising inflows could increase selling pressure and trigger another support test.
Shiba Inu is showing a mixed on-chain picture that could shape the next price move. Exchange outflows have jumped sharply over the past week. Such activity can point toward stronger accumulation among some SHIB holders. However, rising inflows present a competing signal for traders. The contrasting data creates two possible paths for SHIB. Buyers could gain control if selling pressure remains contained. Sellers could return if exchange inflows begin driving fresh distribution.
https://twitter.com/cryptowithgopal/status/2099424020529922164 SHIB Exchange Data Sends Mixed Signals
The seven-day average exchange outflow has increased by 191.89%. That jump suggests more SHIB has moved away from trading platforms. Holders often transfer tokens to private wallets when planning longer-term positions. Reduced exchange supply can lower the amount available for immediate selling. However, exchange reserves have increased by only 0.5%. That small rise offers some support for the bullish view. The data does not show a major accumulation of SHIB on exchanges.
Active addresses also increased by 0.89% during the period. Active receiving addresses recorded the same 0.89% increase. These changes remain modest, but they show stable network activity. The network has not experienced a clear decline in user participation. That stability gives bulls another reason to remain interested in SHIB. Still, traders cannot ignore the growing exchange inflow figures. Average inflow size increased by 1.9% during the measured period.
Total exchange inflows also climbed by 1.71%. Those increases suggest more tokens are reaching trading platforms.The biggest warning comes from the seven-day average mean exchange inflow. That metric surged by 354.32%, far above the outflow increase. Large inflows can increase available selling liquidity across exchanges. Such pressure could weaken SHIB if buyers fail to absorb incoming supply.
Two Price Scenarios Now Stand Out
The first scenario favors SHIB bulls if outflows continue rising. Stronger withdrawals could keep exchange-based selling pressure under control. Buyers could then challenge nearby resistance levels after a sustained consolidation phase. A breakout would carry more weight alongside stronger trading volume. For that move to gain credibility, SHIB needs clear buying momentum.
A decisive break above the recent range could attract additional market participants. Rising volume would further strengthen the bullish case and support follow-through. The second scenario presents a more cautious outlook for SHIB. Higher inflows could eventually translate into stronger selling pressure. Falling demand could then push the token toward another support test. Rising exchange reserves would add further pressure to this bearish setup.
For now, the data does not provide a clear directional confirmation. The 191.89% outflow increase remains encouraging for SHIB bulls. However, the 354.32% inflow increase creates a significant counterweight. Traders should watch exchange flows, volume, and support levels closely. These indicators could reveal which scenario gains control next.