Shiba

Strong

Shiba Inu

Billion

Rewards

<ul>
 <li>Whales withdrew 443 billion SHIB while exchange reserves continued steadily declining significantly.</li>
 <li>Profit-taking and weaker futures activity continued limiting Shiba Inu’s recovery momentum today.</li>
 <li>Reduced exchange supply could strengthen future rallies if buying demand accelerates further.</li>
</ul>
Large Shiba Inu holders have removed more than 443 billion SHIB from cryptocurrency exchanges within four days, signaling continued accumulation despite weak market conditions. The sustained withdrawals suggest some investors are positioning for a longer-term recovery instead of preparing to sell.<a href="https://cryptoquant.com/asset/shib/chart/exchange-flows/exchange-netflow-total?exchange=all_exchange&amp;window=DAY&amp;sma=0&amp;ema=0&amp;priceScale=log&amp;metricScale=linear&amp;chartStyle=column" rel="noopener noreferrer nofollow"> According to CryptoQuant</a>, the buying activity accelerated when SHIB fell to a local low of $0.00000415 on June 25. During the same session, the token’s daily Relative Strength Index dropped to 21.84, placing it in deeply oversold territory. 
Moreover, exchange data showed net outflows reached 158.35 billion <a href="https://36crypto.com/shiba-inu-burn-rate-jumps-434-as-millions-of-shib-leave-circulation/" rel="noopener noreferrer nofollow">SHIB</a> during the first 24 hours alone. Investors continued transferring tokens into private wallets over the following days, pushing cumulative exchange outflows to 443.2 billion SHIB by June 28. That behavior contrasts with typical market conditions. Falling prices often trigger exchange deposits as traders rush to sell. Instead, blockchain data indicates large investors steadily absorbed available supply while exchange reserves continued declining. 
Also Read: <a href="https://36crypto.com/ethereum-whales-offload-880m-worth-of-eth-as-critical-support-faces-pressure/" rel="noopener noreferrer nofollow">Ethereum Whales Offload $880M Worth of ETH as Critical Support Faces Pressure</a> 
<h2 id="declining-exchange-reserves-reshape-shib-market-dynamics">Declining exchange reserves reshape SHIB market dynamics</h2>
CryptoQuant data showed exchange netflows remained negative throughout the four-day period. Consequently, the amount of SHIB available for immediate trading continued shrinking even as prices remained under pressure. Meanwhile, SHIB traded near $0.0000041 within a narrow range. Smaller daily candles indicated that selling momentum had slowed, although buyers have yet to establish a decisive breakout. 
Even so, the recovery continues facing resistance from profit-taking activity. One of the oldest Shiba Inu whale wallets reportedly sold around 3.8 trillion SHIB during June. The same investor had accumulated nearly 103 trillion SHIB during the project’s early stages. Additionally, futures market participation weakened during the period. Around $2.38 million flowed out of SHIB futures positions, reducing speculative trading activity and lowering short-term volatility. 
However, trading volume remains <a href="https://36crypto.com/shiba-inu-bearish-pressure-weakens-as-on-chain-data-points-to-seller-exhaustion/" rel="noopener noreferrer nofollow">concentrated around the $0.00000500</a> price level. That area continues attracting market participants and could become an important resistance zone if buying demand strengthens. Besides, continued exchange withdrawals gradually reduce the liquid supply available for sellers. If demand increases while reserves keep falling, buyers could encounter limited selling pressure during future rallies. Such conditions have historically supported faster price movements once momentum returns. 
Current on-chain activity shows whales continue accumulating SHIB despite ongoing price weakness. Exchange reserves remain under pressure, making wallet flows and buying demand important indicators for the token’s next market move. 
Also Read: <a href="https://36crypto.com/fidelity-says-bitcoin-security-remains-strong-despite-declining-mining-rewards/" rel="noopener noreferrer nofollow">Fidelity Says Bitcoin Security Remains Strong Despite Declining Mining Rewards</a> 
The post <a href="https://36crypto.com/shiba-inu-whales-withdraw-443-billion-shib-from-exchanges-as-accumulation-grows/" rel="noopener noreferrer nofollow">Shiba Inu Whales Withdraw 443 Billion SHIB From Exchanges as Accumulation Grows</a> appeared first on <a href="https://36crypto.com" rel="noopener noreferrer nofollow">36Crypto</a>.

Shiba Inu Whales Withdraw 443 Billion SHIB From Exchanges as Accumulation Grows

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