SHIB exchange outflows reach 461.4 billion as token price remains weak

  • Approximately 461.4 billion SHIB left exchanges within 24 hours, including a roughly 361 billion-SHIB transfer from Coinone on Sept. 10.
  • The largest Coinone transaction involved 355.27 billion SHIB worth about $1.87 million and went to an unidentified wallet holding roughly $23.53 million in crypto.
  • Exchange reserves fell 0.2% to 87.23 trillion SHIB, but the token remained near $0.00000503 and declined despite reduced sell-side liquidity.

Approximately 461.4 billion SHIB left exchanges within 24 hours, according to the newer flow data, while a separate Sept. 10 Coinone movement involved roughly 361 billion tokens sent to one wallet. The largest Coinone transfer was 355.27 billion SHIB, worth about $1.87 million, and the receiving wallet held approximately $23.53 million in crypto, including about $9.68 million of Ethereum and $1.22 million of ONDO. Because the wallet owner is unidentified, the transfer cannot be confirmed as accumulation and may reflect custody restructuring or another non-trading movement. SHIB remained weak near $0.00000503, down roughly 2% on the day and just above a major 2026 support zone. Older flow data recorded about 438.7 billion SHIB leaving exchanges against 268.1 billion entering, producing net outflows of approximately 170.6 billion, while exchange reserves fell about 0.2% to 87.23 trillion SHIB. The differing aggregate outflow figures appear to reflect different reporting periods or datasets. Lower exchange balances can reduce immediately available sell-side liquidity, but buyers have not yet translated the outflows into higher prices.

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