SHIB Price Recovery Gets a Boost from Relatively Low Exchange Activity

Shiba Inu's recent price recovery has been accompanied by relatively restrained exchange activity, potentially giving bulls more room to extend their gains. The latest net exchange balance over the past 24 hours is around 20 billion SHIB.

The distinction between gross flows and net flows matters in this context. Total exchange inflows were around 623.3 billion SHIB, while outflows were around 449.8 billion, indicating substantial movement on both sides. Exchange reserves stand near 87.83 trillion SHIB and have changed by only 0.2% over the past 24 hours.

This is significant because exchange deposits are generally watched as a potential source of near-term selling liquidity. A relatively small increase in readily available supply becomes more constructive when price is simultaneously recovering.