SHIB money wey dey enter exchange don shoot reach 422.97B, risk say sellers go press against oversold bounce
Shiba Inu (SHIB) flow dem go enter exchɛnj don jump, 422.97B SHIB dem move go exchɛnj and total exchɛnj reserves don rise reach about 80.45T SHIB (about 13.88T add). Even though plenty SHIB enter exchɛnj, article talk say wave of selling never show yet.
On-chain flows mixed. Inflows na 422.97B SHIB vs outflows 264.47B, leav net inflow 158.50B SHIB. Network activity sef dey active not panic, with around 90,916 receiving addresses, 138,666 active addresses, and about 2,954 transactions.
But technical picture dey under pressure. SHIB dey trade under 50-day, 100-day, and 200-day moving averages, wey fit act as resistance above price. Price don break down from the March–May channel, and RSI drop under 30 before e stabilize.
For traders, main risk na whether the exchɛnj inflows go turn to real sell pressure. If deposits keep dey accelerate while SHIB no fit reclaim key moving averages, downside risk go rise. If offloads remain small (e.g., na for liquidity/market-making dem dey use am), SHIB fit consolidate instead of crash.
Neutral
Both articles dey point to one cautious setup: SHIB exchange inflows don surge (big deposits), but selling pressure never fully show. Mixed net inflow plus steady network participation mean holders no dey broadly dump. Still, technical side weak—SHIB still under major moving averages after e break the old channel and oversold RSI just stabilised recently. This mix fit cause short‑term downside if inflows continue and price no fit reclaim trend support, but e no clear bearish breakout because offloads fit be limited.