SHIB Holders Accelerate Exits as Exchange Reserves Rise to 82 Trillion
- Holder Behavior Shift: On-chain data from CryptoQuant indicates that exchange reserves of SHIB tokens have risen from 81 trillion at the start of 2026 to 82 trillion, suggesting that holders may be positioning for exits amid recent price fluctuations, impacting market confidence.
- Market Dynamics Change: Recent net flow data shows that deposits in the SHIB market are outpacing withdrawals, indicating increasing selling pressure, particularly as SHIB approaches its yearly peak, likely driven by profit-taking behavior.
- Derivatives Market Volatility: Trading volume in SHIB futures and options has declined by over 5%, while open interest has dropped more than 7% to approximately $108 million, reflecting reduced speculative activity and heightened uncertainty among traders regarding short-term direction.
- Whale Activity Counter Signals: Despite overall market pressure, there has been a 111% surge in SHIB transactions exceeding $100,000, indicating that some large holders remain actively engaged, potentially signaling value recognition at current price levels and reflecting the market's complexity.
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Technical Analysis for SHIB
Technical Sentiment Analysis for Shiba Inu (SHIB) As of , Shiba Inu (SHIB) is exhibiting a Sell technical sentiment. Our proprietary analysis, which aggregates 5 technical signals, shows that 1 indicators are flashing buy, while 4 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for SHIB stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the stock.
Support, Resistance & Moving Averages From a structural perspective, SHIB is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.
Shiba Inu (SHIB) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 0.00000296 | 0.00000402 | 0.00000527 | 0.00000633 | 0.00000758 | 0.00000864 | 0.00000989 |
| Fibonacci | 0.00000402 | 0.0000049 | 0.00000544 | 0.00000633 | 0.00000721 | 0.00000775 | 0.00000864 |
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