Shiba Inu exchange outflows drop 78% as net inflows rise
Shiba Inu (SHIB)
Editor:
Eugene Serbin
digitaltoday.co.kr reports that Shiba Inu's average exchange outflows have fallen 78 percent from a recent peak, weakening a key on-chain signal. U.Today noted on Sept. 15 that SHIB faces increased short-term supply pressure as slower outflows coincide with a shift to net inflows. The 7-day moving average for average outflows dropped 55.75 percent to approximately 421.6 million SHIB.
Total exchange inflows rose 1.07 percent to about 239.28 billion SHIB, while total outflows increased 1.3 percent to about 236.97 billion SHIB. This resulted in positive net inflows of about 2.31 billion SHIB, indicating more tokens are moving into exchanges than leaving them. Exchange holdings remained stable around 8.719 trillion SHIB with no confirmed surge in large deposit volumes.
Network activity saw slight improvements, with transactions rising 1.22 percent and active addresses increasing 1.13 percent. Despite these metrics, SHIB is trading around $0.00000514, hovering near short-term moving averages between $0.0000050 and $0.0000052. A long-term moving average around $0.0000056 to $0.0000057 serves as the primary resistance level.
If the price moves above $0.0000054, it could retest that higher range, but losing $0.0000050 opens downside to $0.0000048 and potentially $0.0000045. The market is focusing on the disconnect between rising usage indicators and weakening supply-demand defenses due to falling outflows.
How the market reacted
Whalio's own Binance spot order flow for SHIB, measured when this story was written up on 16 September 2026. Not the outlet's figures.
SHIB is currently trading at $0.000004950 on Binance spot markets. The 1-hour buy ratio stands at 50.5%, while the 4-hour ratio is lower at 46.2%, suggesting intraday buying pressure is fading compared to the immediate past hour. Over the last 24 hours, the buy ratio is 51.0%, indicating a slight majority of buyers over the full day. The 1-hour volume delta is positive at +$1,627, whereas the 4-hour delta is negative at -$88,899, showing that selling pressure has outweighed buying in the broader recent timeframe. The 24-hour volume delta is +$103,076 with a cumulative volume delta (CVD) of +$214,149, meaning net buying has occurred over the day. This data shows that while the full day ended with net buying, the most recent short-term trends indicate a shift toward selling.
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 47.1%, making today's 24-hour ratio of 51.0% an improvement of 3.9 points. Spot volume for the day was $4,942,868, which is 1.37 times the weekly average, indicating unusually high activity. However, this is only the first day of net buying in the last seven days, suggesting the trend is not yet sustained. The 8-day price change was -8.5%, with a total volume delta of -$1,149,150 for the period. This context shows that while today's volume and buy ratio are above average, the broader weekly trend remains heavily negative with significant net outflows.