SHIB alarm: Stock market reserves are falling! Where does the creeping drain lead?

SHIB alarm: Stock market reserves are falling! Where does the creeping drain lead?

Recent data suggests that centralized exchanges could potentially lose the critical threshold of 82 trillion Shiba Inu (SHIB) reserves. This observation emerges from the latest analyzes carried out on U.Today were published. Currently, SHIB exchange reserves stand at around 81.2 trillion tokens, as reported by CryptoQuant data.

A steady and accelerated outflow of SHIB tokens from exchanges has been observed in recent days. Over the last 24 hours, the total exchange net flow was approximately -81.2 billion SHIB, meaning significantly more tokens were withdrawn than added. This outflow is often associated with accumulation or long-term holding, which is important in market psychology.

Market development and price trend

Despite the decline in exchange reserves, SHIB's price chart shows increasing weakness. The token is currently trading at around $0.0000096, down over 5% in a day. Trading volumes also continue to fall while SHIB once again rejected the 100 and 200 day moving averages. Additionally, a Relative Strength Index (RSI) below 40 indicates growing bearish momentum.

A possible further decline in SHIB reserves below the 81 trillion mark could affect market liquidity. Experts warn that such a drastic decline could indicate tighter supply on the exchanges, which can be viewed as bullish in the long term. Still, it could reduce liquidity for short-term trading and increase volatility.

Outlook and historical precedents

It remains unclear whether reserves will rise above 82 trillion again in the foreseeable future. Historical comparisons show that similar outflows have preceded both recovery rallies and declines. This uncertainty makes it difficult to give a clear forecast for the coming days and highlights how volatile the Shiba Inu market is currently.