"184 Billion SHIB Sell-Off Bomb"...Shiba Inu, Sell-Off Warning

▲ Shiba Inu (SHIB)

Over the weekend, a large volume of Shiba Inu (SHIB) flowed into exchanges, signaling an increase in short-term selling pressure.

Crypto news outlet U.Today reported on April 25 that approximately 184 billion SHIB moved to exchanges, indicating a sharp increase in market activity.

This movement of a large volume suggests a potential shift in market structure beyond just increased trading. According to CryptoQuant data, both exchange inflows and the 7-day average inflow have risen simultaneously, which is interpreted as increasing selling pressure or at least preparations for selling are underway.

When large amounts of tokens move to exchanges, it is generally considered a preparatory measure for cashing out, hedging, or active trading. Indeed, exchange reserves have also slightly increased, indicating a rise in the amount of supply immediately available on the market.

Netflow remains positive, meaning inflows are exceeding outflows. This creates a structure where price increases could slow down at resistance levels in the short term. However, analysis also suggests that this trend does not immediately imply a bearish reversal.

In terms of technical trends, a gradual upward channel has formed after a long period of decline, showing some signs of recovery. However, the 100-day and 200-day moving averages still maintain a downward slope, indicating that additional trading volume is needed for a strong upward reversal.

Ultimately, it is analyzed that Shiba Inu has entered a phase where increased exchange inflows lead to higher short-term supply pressure, while a limited upward structure coexists.

*Disclaimer: This article is for investment reference only, and we are not responsible for any investment losses based on it. The content should be interpreted for informational purposes only.*