Shiba Inu (SHIB) Spikes 200% in Volume, But What Does It Bring to Price?

u.today 24 September 2025 11:42, UTC

Analytics

According to data from CryptoQuant, Shiba Inu ($SHIB) is having one of its most erratic weeks in recent memory, with exchange inflows rising by almost 200%. According to the most recent metrics, mean inflows to exchanges more than doubled from levels earlier in the week on Sept. 24, reaching nearly 2.94 billion $SHIB. Concerns regarding the short-term price stability of $SHIB are raised by the fact that an increase in tokens being transferred to centralized platforms frequently indicates an increase in selling pressure.

Symmetrical $SHIB triangle broken

On the daily chart, $SHIB broke out of a symmetrical triangle structure and is currently trading at about $0.00001221, consolidating just below its key moving averages. The technical picture is still shaky, even though the price is currently holding fairly steady. The 50-day and 200-day EMAs are still acting as ceilings on the rise, and $SHIB has not been able to break above resistance levels around $0.00001300–$0.00001350. A surge in inflows makes the outlook more complicated.

This kind of on-chain activity frequently comes before significant sell-offs, especially when it occurs in tandem with technical malfunctions. If exchange inflows keep increasing, $SHIB may test deeper support close to $0.00001150; if it fails, losses could accelerate to $0.00001000. But not every indication is negative. The token may not yet be oversold, as indicated by $SHIB’s daily RSI staying in neutral territory.

$SHIB volumes spike

Additionally, volume increases that do not immediately result in price breakdowns can occasionally be interpreted as a sign that buyers are absorbing selling pressure, which could lay the groundwork for a recovery. Notwithstanding the inflows, a recovery toward $0.00001350 is still possible if $SHIB can maintain above the $0.00001200 level.

Exchange inflows are flashing red, but price resilience is offering a glimmer of hope as $SHIB finds itself at a crossroads. According to the inflow data, sellers may soon take control and push $SHIB closer to annual lows if bulls are unable to retake short-term resistances.