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 <p>Shiba Inu (SHIB) surged on the day, following a broader recovery in the crypto market. Exchange outflows and rising user activity appear to be key factors driving the rebound. CryptoQuant data indicates a notable depletion of SHIB reserves on exchanges, suggesting holders prefer self-custody. Increased accumulation and active addresses hint at a potential shift toward bullish momentum in the meme coin.</p>
 <h2 id="exchange-outflows-signal-holder-confidence">Exchange Outflows Signal Holder Confidence</h2>
 <p><a href="https://cryptoquant.com/asset/shib/summary" rel="noopener noreferrer nofollow"><span>Data from CryptoQuant</span></a> shows that over the past 24 hours, a net total of 97,177,600,000 SHIB tokens flowed out of exchanges. Negative netflows indicate that outflows exceed inflows, reducing immediate selling pressure while signaling long-term holding intentions. Analysts interpret these outflows as accumulation, reflecting confidence in SHIB’s mid- and long-term prospects.</p>
 <p>Despite SHIB’s recent gains, the coin remains down 59% from its September peak of $0.0000148. It has also experienced seven consecutive monthly drawdowns since last August. CryptoQuant suggests that this accumulation near local support levels may indicate that bearish momentum is weakening, setting the stage for a sustained recovery if the trend continues.</p>
 <h2 id="rising-active-addresses-and-network-adoption">Rising Active Addresses and Network Adoption</h2>
 <p>Active addresses in the Shiba Inu ecosystem increased by 1.08% in the past 24 hours, reaching 150,375. Active sending addresses also rose by 1.17% to 92,875, reflecting increased movement within the network. The overall growth aligns with ongoing adoption trends, as SHIB consistently adds between 5,000 and 12,000 new addresses monthly.</p>
 <p>The number of holders has now surpassed 1.55 million, highlighting strong user engagement. Analysts point out that a combination of accumulation and rising activity suggests that market control may be shifting to bulls. Continued user participation and steady accumulation could provide the necessary catalyst for a meaningful upward price movement.</p>
 <p>The current Shiba Inu price trades around $0.00000604, gaining 4.70% in the past 24 hours.</p>
 <h2 id="shiba-inu-price-eyes-bullish-breakout-on-1-day-chart">Shiba Inu Price Eyes Bullish Breakout on 1-Day Chart</h2>
 <p>Shiba Inu <a href="https://www.tradingview.com/chart/dBrDMc6X/?symbol=COINBASE%3ASHIBUSD" rel="noopener noreferrer nofollow"><span>appears</span></a> to be finally breaking out of a descending trendline on the 1-day chart, signaling a potential shift in momentum. Price action shows buyers attempting to push higher after a prolonged decline. Immediate resistance stands near $0.00000616, while key support remains around $0.00000578, where recent demand emerged.</p>
 <p>The RSI is near 53, slightly above the signal line around 49.93, indicating improving bullish momentum. This level suggests neutral conditions with a slight buying bias. Meanwhile, the MACD lines are converging near the zero level. The shrinking histogram signals fading bearish pressure and a possible bullish crossover.</p>
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Shiba Inu Price Rebounds Amid Exchange Outflows and Rising Network Activity

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