Shiba Inu Welcomes a Wave of New Year Gifts: 204 Billion Gifts Received in 24 Hours

Shiba Inu is about to end this year with a relatively calm price trend, but its structural features are quite attractive. Price fluctuations are being suppressed around $0.000007, a level that has proven its importance multiple times before. Despite low volatility, momentum indicators may not look impressive at first glance, but on-chain data reveals more detailed information that investors should pay attention to.

Shiba Inu Outflows
In the past 24 hours, Shiba Inu's view count reached approximately 204 billion. As of press time, the net outflow of tokens from the exchange is about 204 billion tokens. This kind of fluctuation is not market noise. Large-scale fund outflows from exchanges typically indicate that holders are transferring assets into their own wallets rather than preparing to sell. In short, the supply available for immediate sale is decreasing, which often helps stabilize the price or lays the groundwork for a rebound when demand recovers.

TradingView SHIB/USDT Chart
From a technical perspective, SHIB is still below its short-term and medium-term moving averages, with the 26-day and 50-day moving averages forming clear resistance above. This confirms that the overall trend remains bearish. However, the consolidation near local lows suggests exhaustion of strength rather than strong selling pressure. The RSI indicator lingering at low levels also supports the view that downward momentum is weakening rather than accelerating.

It is particularly important to note that fund flows are dynamic. Although the latest data shows significant outflows, if market sentiment shifts—especially during low-liquidity periods like year-end trading—fund inflows could quickly resume. This means that this signal is only valid under current conditions and should not be viewed as a permanent structural change.

SHIB Faces Strong Support
Looking ahead, investors should closely monitor two things: first, whether SHIB can hold the support level at $0.000007; and second, whether foreign exchange reserves continue to decline or suddenly rebound. Continued outflows, even if only a slight recovery above the 26-day moving average, will significantly improve the recovery outlook. Conversely, if the support level is not maintained, it could trigger a new round of decline before any substantial rebound occurs.

Currently, Shiba Inu has not entered a breakout phase, but there are no signs of a collapse either. Over 200 billion tokens have been removed from exchanges, which is a positive signal in an otherwise sluggish market, indicating that the market is accumulating strength rather than panicking and selling off. If this trend continues into early 2026, SHIB may quietly lay the foundation for its next move. $SHIB $BTC