Shiba Inu Sees Exchange Inflows Signal Selling Pressure
On-chain data show SHIB exchange reserves rose to about 87.8 trillion tokens on September 27, with net inflows exceeding 75 billion SHIB in 24 hours. The movement suggests holders may be preparing to sell, adding short-term pressure to the meme coin. SHIB failed to sustain a recovery and traded near $0.000005883 amid broader market weakness.
On-chain tracking from CryptoQuant shows Shiba Inu exchange reserves reached roughly 87.8 trillion tokens on September 27, up from the prior day. Over the same 24-hour window, exchanges recorded net inflows above 75 billion SHIB, meaning deposits outpaced withdrawals.
That combination points to more tokens available for trading rather than held offline. SHIB could not hold a rebound and changed hands near $0.000005883 as the wider crypto market lost momentum. If reserves keep climbing toward 88 trillion, near-term selling pressure may continue.
Shiba Inu holders and traders may feel the effects most directly, since rising exchange deposits can precede price swings and influence sentiment across meme-coin communities. Traders watching on-chain signals could adjust positions quickly, while smaller investors might face heightened uncertainty if selling pressure builds. The episode may also reinforce broader caution toward speculative crypto assets, potentially affecting how participants view digital-asset risk. However, outcomes remain uncertain and depend on market conditions beyond this single indicator.