SHIB faces selling pressure as exchange inflows near four times outflows

SHIB is facing an unfavorable exchange-flow imbalance, with the latest data showing 1.484 billion tokens moving into exchanges, nearly four times the outflow amount. The pattern suggests some investors may be preparing to sell, although exchange deposits can also support collateral, trading or other uses. Broader flow data shows average inflows of about 1.4396 billion SHIB per transaction versus average outflows of 364.95 million, while the ten largest inflows totaled approximately 5.98 billion SHIB compared with 2.33 billion in the ten largest outflows. Overall exchange inflows reached about 401.26 billion SHIB, against 317.72 billion in outflows. SHIB has retreated to about $0.00000534 after failing to sustain a move above $0.000006, with the daily candle down roughly 2%. The token also failed to break above the long-term moving average near $0.00000574, which remains the main technical barrier. An RSI near 61 and prices above shorter moving averages around $0.00000457–$0.00000493 provide some positive signals. Bulls would need to reclaim $0.00000574 and then $0.000006 to restore the breakout structure. If they fail, exchange-related pressure may intensify, with support near $0.0000049 and then around $0.0000046.

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