Shiba Inu Exchange Inflows Soar Amid Market Uncertainty

The Shiba Inu cryptocurrency has seen a substantial surge in exchange inflows, with over 531 billion tokens being moved into exchanges within a short period. This increase has sparked concerns about the asset's market conditions, as it typically precedes stronger selling pressure.

According to on-chain data, the sharp spike in exchange inflows is a clear indication of renewed sell-side activity across the market. The large influx of tokens into exchanges is usually associated with repositioning rather than accumulation, suggesting that market players are preparing for distribution rather than long-term holding.

The technical indicators also support this interpretation, as prices continue to trade below significant moving averages and experience failed consolidation attempts. The 26 EMA and longer-term trend indicators remain bearish, indicating that the downward trend is still intact.