408 Billion SHIB Withdrawals May Suggest Accumulation as Shiba Inu Price Tests Key Support

• SHIB’s protocols wind down: major exchange outflows of 408 billion SHIB signal accumulation

• Price tested $0.0000075 lows, rebounded above $0.0000109 amid volume recovery

• Technical pivot: resistance at $0.0000126–$0.0000134 and RSI ~41; monitor 50/100/200‑day MAs

SHIB price analysis: 408B SHIB left exchanges, testing support near $0.000010; monitor resistance at $0.0000126–$0.0000134 for next move — read COINOTAG

Published: 2025-10-13 | Updated: 2025-10-13 | Author: COINOTAG

What is SHIB price analysis?

SHIB price analysis shows a mixed technical picture after a sudden withdrawal of 408 billion SHIB from centralized exchanges. Price briefly fell to roughly $0.0000075 then reclaimed levels near $0.0000109; the next decisive zone is $0.0000126–$0.0000134, which aligns with the 50‑ and 100‑day moving averages.

Why did 408 billion SHIB leave exchanges?

On‑chain flow data indicates a large, concentrated withdrawal across multiple centralized venues. According to on‑chain tracking and exchange flow metrics published by TradingView and on‑chain explorers such as Etherscan (plain text references), this outflow occurred during a broader market sell‑off, which is atypical because inflows normally spike when markets drop. The pattern suggests either transfers to cold storage, movement into DeFi liquidity pools, or internal rebalancing by large holders. COINOTAG market analyst Marco Silva commented: “A coordinated withdrawal of this magnitude during market stress is consistent with strategic accumulation or internal repositioning by large holders.”

SHIB/USDT Chart by TradingView

SHIB’s protocols wind down

Exchange inflows typically increase during crash events as traders liquidate. In this episode, the opposite occurred: an atypical spike in withdrawals. This behavior can reduce available exchange‑side liquidity and potentially limit immediate sell pressure, while increasing the proportion of tokens held off‑exchange. That shift can translate into reduced short‑term float and, over time, increased stability if tokens remain illiquid in cold storage or within staking and DeFi protocols.

Technically, SHIB’s recent action is conflicted. The token fell to local lows near $0.0000075, dropped under the $0.0000100 support, then recovered to approximately $0.0000109. Volume recovery during the rebound suggests buyers emerged, but the daily chart shows a breakout from a descending wedge, with the 200‑day moving average being tested as a lower psychological boundary. TradingView charting and exchange order book snapshots (plain text sources) corroborate these observations.

SHIB’s price analysis

The primary resistance zone sits between $0.0000126 and $0.0000134, where the 50‑ and 100‑day moving averages converge. If SHIB holds above the $0.0000100–$0.0000109 area and attracts consistent buying pressure, the next sustainable move would be to challenge that resistance. Conversely, failure to hold $0.0000100 on sustained volume could reopen downside toward the recent $0.0000075 low.

Momentum indicators remain subdued. The Relative Strength Index (RSI) trading slightly above 41 indicates limited bullish conviction. On‑chain metrics showing withdrawal volumes (408 billion SHIB) hint at accumulation by patient holders, but without a visible return of exchange liquidity or a pickup in active addresses, rally potential remains capped. Official exchange liquidity figures and on‑chain transfer records (plain text references) are essential to validate any bullish scenario.

Frequently Asked Questions

Is SHIB a buy after the 408 billion SHIB exchange outflows?

Buying depends on risk tolerance: the outflow may signal accumulation by long‑term holders, but short‑term momentum is weak (RSI ~41). Traders seeking lower risk should wait for confirmation above $0.0000126–$0.0000134 or for clear on‑chain liquidity return; longer‑term investors may view reduced exchange float as constructive.

How many SHIB tokens left centralized exchanges?

Approximately 408 billion SHIB were withdrawn from centralized exchanges within a 24‑hour window, according to on‑chain transfer and exchange flow tracking data (plain text sources). This volume represented a notable removal of exchange liquidity during a market downturn.

Key Takeaways

• Major outflow detected: 408 billion SHIB withdrawn from exchanges, signaling accumulation or repositioning.
• Critical technical levels: Support near $0.0000100 and $0.0000075; resistance at $0.0000126–$0.0000134 (50/100‑day MA convergence).
• Monitor on‑chain liquidity: Rally confidence depends on return of liquidity to exchanges and rising on‑chain activity; watch official exchange flow reports and on‑chain explorer data.

Conclusion

SHIB’s recent price action combines a substantial exchange outflow with a tentative technical rebound. SHIB price analysis points to a cautious outlook: accumulation outside exchanges may reduce sell pressure, but momentum remains fragile until buyers push the token above $0.0000126–$0.0000134 or on‑chain activity demonstrates a sustained increase. For traders and investors, follow official exchange flow reports, TradingView technicals, and on‑chain explorer data for real‑time confirmation. Stay informed with COINOTAG for updates.

Sources (plain text): TradingView, Etherscan, exchange flow reports, COINOTAG analysis.