The ten largest Shiba Inu wallets deposited 2.281 billion SHIB tokens to exchanges over the past 24 hours, while withdrawals reached 3.4772 billion SHIB during the same window. The transfers occurred as SHIB traded near $0.00000446, following the token's decline through early November. Shiba Inu is a memecoin with a heavily concentrated holder base, making top-10 wallet activity a proxy for large-holder positioning during volatility.
Top-10 Wallets Withdraw More SHIB Than They Deposit
The ten largest Shiba Inu wallets sent about 2.281 billion tokens to trading platforms over the past 24 hours, on-chain flow data shows. The transfers went out while Shiba Inu price traded near $0.00000446. Withdrawals ran larger: the same window recorded 3.4772 billion SHIB leaving those platforms, so the biggest addresses, taken as a group, placed less supply on crypto exchange books than they removed from them.
Coins sent to a venue are generally treated as supply positioned for sale, since selling into order books requires a listed balance. Tokens moved out, into a crypto wallet the owner controls, remove that immediate sell option and are usually read as reduced near-term pressure. Exchange net flow, the balance of tokens entering venues minus tokens leaving them, turns these two figures into a single reading.
Exchange Reserves Fall 0.02% as Net Flow Turns Negative
Total SHIB reserves on exchanges stood at 86.1617 trillion tokens, worth $384.28 million. That balance slipped 0.02%, while its dollar value fell 0.47%, the wider gap a direct effect of the token's own decline.
Net flow across major venues came in at 20.0745 billion Shiba Inu negative for the 24 hours. That sum is well above both the measured top-10 inflow and the measured outflow, which points to coins leaving platforms at every wallet size, not only among the largest holders. With 86.1617 trillion tokens already counted as exchange reserves, even a 20.0745 billion-token net outflow moves the total by a mere fraction of a percent. A negative reading here is the supply-side mirror of accumulation: fewer tokens on venues means fewer tokens immediately available to sell.
SHIB Holds $0.00000446 Level After Losing $0.00000480 Support
Market data shows Shiba Inu lost the $0.00000480 support level during the early-November decline and has since moved sideways around the local bottom near $0.00000447. The nearest support sits in the $0.00000440–$0.00000442 range. Losing $0.00000440 would open a path toward $0.00000410, while a reclaim of $0.00000480 would put the price back in recovery mode and reopen the $0.00000540–$0.00000550 zone tested in October.
2.281 billion tokens is a rounding error against the 86.1617 trillion SHIB already sitting on venues, so the top-10 deposit slowdown changes floating supply very little on its own. The load-bearing readings are the negative aggregate net flow of 20.0745 billion SHIB and the shrinking reserve base, both of which lean against the case that whales are massing coins for sale at the local bottom. The flows cover a single 24-hour window.
FAQ
What did the top-10 Shiba Inu wallets do over the past 24 hours?
The ten largest Shiba Inu wallets deposited 2.281 billion SHIB tokens to exchanges and withdrew 3.4772 billion SHIB during the same 24-hour window.
Why did SHIB exchange reserves fall 0.02%?
SHIB exchange reserves fell 0.02% because net flow across major venues came in at 20.0745 billion SHIB negative for the 24 hours, meaning more tokens left platforms than entered them.
