SHIB exchange inflow hits 277 billion as price holds key support
Shiba Inu (SHIB)
Editor:
Eugene Serbin
u.today reports that approximately 277 billion SHIB tokens have been added to exchanges, a move often viewed as bearish due to increased potential selling supply. Despite this large inflow, Shiba Inu's price action remains constructive, trading around $0.00000570 after recovering from the $0.00000440–$0.00000450 region in September. The token continues to trade above several short- and medium-term moving averages, with a major technical battle occurring near the long-term moving average of $0.00000560–$0.00000570.
SHIB recently pushed above this level toward $0.00000620 but has since returned to test the breakout area. Shorter moving averages are beginning to point upward, while price remains above the support cluster around $0.00000520–$0.00000540. The RSI sits in neutral-to-moderately bullish territory, indicating the market is not overheated and has room for another upside attempt.
However, if the inflow represents holders preparing to sell rather than internal transfers, the market may face additional supply pressure. A sustained breakdown below $0.00000560 could expose lower support at $0.00000540 and subsequently $0.00000520. Conversely, holding above the long-term moving average keeps the bullish scenario intact, requiring a reclaim of $0.00000590–$0.00000600 and the recent high near $0.00000620. Until price confirms selling pressure through a support breakdown, calling the development outright bearish is premature.
How the market reacted
Whalio's own Binance spot order flow for SHIB, measured when this story was written up on 4 October 2026. Not the outlet's figures.
SHIB is currently trading at $0.000005750 with a 1-hour buy ratio of 62.5%, indicating strong immediate buying interest. This short-term momentum contrasts with the 4-hour buy ratio of 40.8%, suggesting that buying pressure is fading over a slightly longer timeframe. The 24-hour buy ratio sits at 51.2%, showing a balanced but slightly positive sentiment over the full day. Volume delta data reflects this mix, with a positive +$7,010 in the last hour offsetting a negative -$35,242 over four hours. The cumulative volume delta for the 24-hour close is +$119,034, indicating net buying pressure over the day. These figures suggest that while immediate buying is active, the broader intraday trend is less decisive.
The latest daily buy ratio of 45.6% sits at the 11th percentile of the last 322 days, against a median of 48.8% - weaker buying than most days.
Was that an ordinary day?
The same Binance spot measurements for SHIB, averaged over the days leading up to the story.
Over the preceding week, the average buy ratio was 49.7%, making today's 24-hour ratio of 51.2% slightly above the weekly norm. Volume relative to the weekly average is 0.37x, indicating that trading activity is significantly lower than usual. The coin has seen a price change of -3.0% over eight days, with a total volume delta of -$586,700 for the period. Only three of the seven days recorded net buying, highlighting a generally weak weekly trend. This day represents a modest improvement in buying ratio but remains part of a broader period of lower volume and net outflow.