There has been a remarkable development in the Shiba Inu (SHIB) ecosystem. It was reported that more than 50 billion SHIB tokens were withdrawn from centralized cryptocurrency exchanges in a short period of time. Although such large-scale stock market outflows do not directly guarantee a price increase, they produce important signals, especially in terms of short-term supply-demand balance. The fact that a significant part of the liquid supply is moving away from platforms used for sales purposes stands out as a factor that can reduce the sales pressure in the market.
What do stock market exits mean?
Major stock market outflows in cryptocurrency markets generally indicate one of three different behaviors: long-term accumulation, movement of assets into cold wallets, or internal structural adjustments of large investors. What is notable about this latest SHIB data is that the negative net flow is not just a one-off, but a relatively permanent trend. This strengthens the possibility of savings rather than a simple wallet movement.
Normally, tokens are moved to exchanges as investors prepare for sale. However, available data paints the opposite picture. This suggests that SHIB holders are reluctant to sell at current price levels or aggressive sellers are starting to withdraw from the market. While the removal of liquidity from stock markets will weaken the selling pressure in the short term, it may also pave the way for the price to react upwards more easily.
Price Chart and Oversold Signals
Although the technical outlook does not yet indicate a strong bull market, it contains important clues. SHIB price is still below its major moving averages and the overall trend is downwards. However, the slope of this downward trend has slowed down significantly. Recent price movements indicate compression rather than acceleration.
Although momentum indicators are in the oversold region, there are no sharp breaks that suggest panic sales. Limiting lower lows and decreasing volatility is generally considered a pattern typical of the final stages of a downtrend. In the medium term, this outlook is positive but fragile. Although withdrawing supply from exchanges may require less additional demand to push the price up, that demand must emerge.
At this point, another current development regarding SHIB completes the picture. The fact that transaction volumes have begun to increase in the Shibarium network in recent weeks and the re-emergence of some burn mechanisms have strengthened the expectations that the long-term supply may decrease further. Such in-network developments, combined with stock market exits, can make market sentiment even more sensitive
