Shiba Inu Price Risks Rebound Test as 145.9 Billion Tokens Flood Exchanges

The Shiba Inu (SHIB) token has faced renewed selling pressure after a massive influx of tokens onto exchanges. On August 29, 2026, 145.9 billion SHIB entered exchange wallets, sparking concerns that the price could retest its support floor at $0.0000055.

Analysts note that large token inflows often precede a sell-off, although immediate liquidation is not guaranteed. The movement of such a considerable volume has raised uncertainty among market participants.

Despite stagnant inflows and fading investor interest in SHIB, the recent token transfers have heightened the risk of a downturn. Many traders are closely watching the $0.0000055 zone, which could act as a critical support level if further selling occurs.