Shiba Inu Exchange Inflows Reach Record High Amid Institutional Interest
Shiba Inu (SHIB) has experienced a significant increase in exchange inflows, with over 184 billion tokens moving onto trading platforms within a short period. This trend is reflected in data from CryptoQuant, which shows both spot exchange inflows and the 7-day moving average of those inflows have climbed.
The net flow remains positive, indicating that inflows are outpacing outflows. This dynamic adds more immediate supply to the market, potentially creating friction at key resistance levels.
Large transaction activity has also increased alongside the broader exchange activity, suggesting institutional involvement. Whale positioning is a significant factor in this trend, as these actors tend to drive outsized price swings in either direction.




