Shiba Inu Exchange Outflows Surge, but Inflows Keep Price Support in Focus

Shiba Inu exchange outflows surged by 121.26% to approximately 579 million tokens, according to CryptoQuant data. However, this growth was largely offset by a significant increase in inflows, which rose by 182.3% to about 1.68 billion SHIB.

This imbalance resulted in a net positive flow of 86.53 billion SHIB across monitored exchanges. The rising reserves can provide more liquidity for sale if demand weakens, but this may also limit the token's upside potential.

SHIB price remains focused on the $0.00000500 support area after rebounding nearly 6% from its recent August weakness. A break below this level could expose lower price zones, while buyers must absorb available supply to keep the rebound intact.