160B SHIB Flows to Exchanges as Price Tests $0.0000055
Shiba Inu has held its position as the world's second-largest meme coin by market value since late 2021, briefly losing the spot to TRUMP during its January 2025 launch before reclaiming it. Now the token faces fresh selling pressure as technical levels determine its next move.
Key Takeaway
Massive exchange inflows usually precede selloffs — watch the $0.0000055 support level for breakdown risk.
Exchange netflow jumped by 160 billion SHIB in 24 hours, signaling increased selling pressure for the meme coin. The massive inflow suggests holders are moving tokens to exchanges to sell. When netflow rises, it typically means investors expect prices to drop and want liquidity ready.
Immediate resistance sits between $0.0000065 and $0.0000067. Breaking through that range would require strong buying volume that hasn't materialized yet. The bigger barrier stands at $0.0000075, where a cluster of moving averages creates additional selling pressure. Bulls need to reclaim that level to shift momentum.
Downside support holds between $0.0000055 and $0.0000057. A break below that zone could trigger stop-loss orders and accelerate the selloff.
Shibarium, the Layer 2 solution built for SHIB, completed a major privacy upgrade using Fully Homomorphic Encryption technology in Q2 2026. The upgrade aims to attract developers and expand utility beyond speculation. Shiba Inu also faces potential inclusion on Japan's Green List, a regulatory milestone that could boost institutional interest.
The 160 billion SHIB netflow represents one of the largest 24-hour exchange movements in recent months for a token trading below $0.000007.
This article was written based on reporting from U.Today.
