SHIB exchange outflows surge 191% amid mixed on-chain signals
Shiba Inu (SHIB)
Editor:
Eugene Serbin
u.today reports that Shiba Inu's seven-day average exchange outflow has increased by 191.89%, indicating that tokens are moving away from trading platforms. This shift suggests a decrease in the supply immediately available for sale, supporting a positive interpretation of the market. However, the overall exchange picture remains mixed, with exchange reserves growing by only 0.5%, showing no significant build-up of SHIB.
On-chain activity appears stable, as active addresses and active receiving addresses both increased by 0.89%. Despite these encouraging signs, the bearish side cannot be disregarded due to rising inflows. The average inflow size increased by 1.9%, while total exchange inflows rose by 1.71%.
More significantly, the seven-day moving average of mean exchange inflows jumped by 354.32%, potentially adding sell-side liquidity. This creates a tug-of-war between accumulation and potential selling pressure. Two scenarios are possible: either outflows continue to rise, allowing buyers to push the token toward resistance levels, or higher inflows translate into real selling. If selling pressure increases alongside declining demand, the likelihood of a support test rises, meaning the green signal is not a standalone bullish confirmation.
How the market reacted
Whalio's own Binance spot order flow for SHIB, measured when this story was written up on 14 September 2026. Not the outlet's figures.
Shiba Inu is currently trading at $0.000005130, with a 24-hour buy ratio of 44.6% and a negative volume delta of -$255,068. Short-term data shows slightly weaker sentiment, with the 1-hour buy ratio at 42.3% and the 4-hour ratio at 45.5%. The buy ratio represents the percentage of trades executed by buyers, while the volume delta indicates the net value of buying versus selling pressure. A negative delta means sellers have dominated the volume over that period. The 24-hour cumulative volume delta (CVD) closed at -$111,313, confirming that selling pressure has outweighed buying pressure over the day. Net buying occurred for only 11 of the 24 hours, suggesting a lack of sustained bullish momentum.
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 48.0%, making today's 24-hour ratio of 44.6% lower by 3.4 points. Volume was also subdued, trading at just 0.62 times the weekly average. While the weekly average saw one day of net buying, the 24-hour period recorded a total volume delta of -$255,068 against a weekly total of -$1,184,370. This indicates that today's selling pressure contributed significantly to the week's negative flow. The price has declined by 7.2% over the eight-day period, reflecting the ongoing struggle between inflows and outflows.