Shiba Inu Faces Mounting Pressure as 47 Billion SHIB Move to Exchanges

Recent on-chain data indicates that nearly 47 billion SHIB tokens were transferred onto cryptocurrency exchanges within a short time frame. Such large inflows often raise concerns about potential selling activity, as exchanges are typically used for liquidity rather than long-term storage.

While these transfers do not automatically confirm an imminent sell-off, they place Shiba Inu in a vulnerable position as market participants brace for possible volatility.

SHIB Remains Trapped Below Key Moving Averages

From a technical perspective, SHIB continues to trade below its major moving averages, reinforcing the broader bearish trend. The 200-day moving average remains sloped downward and is acting as a macro resistance level, limiting upside attempts.

Shorter-term exponential moving averages are also pressing down on price, compressing SHIB from above and preventing a meaningful breakout. This technical structure reflects persistent caution among traders despite brief periods of stabilization.

Signs of Seller Fatigue Begin to Emerge

Despite ongoing weakness, recent price action suggests that selling pressure may be easing. SHIB has begun forming a shallow ascending base near recent lows, indicating that aggressive selling is slowing.

Although this structure does not yet confirm a bullish reversal, it points to increasing resilience as sellers lose momentum. This shift may be an early signal that the market is entering a consolidation phase rather than a continuation of steep declines.

RSI Signals Cautious Market Sentiment

Momentum indicators support the view of a fatigued market. The Relative Strength Index currently sits in the low 40s, suggesting that sellers are weakening while buyers have not yet gained full control.

This neutral-to-bearish RSI reading aligns with the idea that SHIB is in a waiting phase, with traders watching closely for confirmation of either renewed selling or a potential rebound.

Two Key Scenarios Could Shape SHIB’s Next Move

Looking ahead, SHIB appears to be at a crossroads. If exchange inflows persist and translate into actual selling, the token could revisit recent lows or even break lower before finding a stronger base of demand.

Alternatively, if the market successfully absorbs the added supply and price remains stable, SHIB could be positioned for a relief rally. In such a scenario, excess liquidity on exchanges may fuel a sharp upward move once selling pressure subsides.

Outlook Remains Uncertain as Traders Watch Inflows

For now, Shiba Inu’s trajectory remains uncertain, with exchange inflows serving as a key indicator of market sentiment. Stabilization could open the door to recovery, while continued inflows combined with falling prices would likely reinforce the bearish trend.

As SHIB continues to navigate these pressures, traders are closely monitoring on-chain data and price behavior to determine whether the meme coin can regain momentum or face further downside.