Shiba Inu Netflow Turns Red as Buyers Withdraw 114B SHIB

Shiba InuSHIB-1.13% Sees Shift in Exchange Movements

On November 10, 2026, crypto reporter Caroline Amosun reported that Shiba Inu (SHIB) is showing signs of potential market stabilization after days of price declines.

The broader cryptocurrency market has faced continuous selling pressure recently. Even so, on-chain data shows buyers are stepping in to accumulate SHIB tokens.

Understanding the 114 Billion SHIB Netflow

According to data from crypto analytics platform CryptoQuant, Shiba Inu exchange netflows fell by about 1.37% over a 24-hour period.

The exchange netflow balance stood at -114,647,400,000 SHIB, with overall netflow metrics reaching approximately -122 billion SHIB during the movement.

A negative netflow simply means more tokens were moved off exchange wallets than were deposited for sale.

When traders move tokens into self-custody wallets, it usually indicates a desire to hold rather than sell, showing steady demand from investors.

Does Shiba Inu Still Face Price Risks?

Prior to this shift in exchange activity, traders worried SHIB might lose ground and add another zero to its decimal price.

While SHIB's short-term hourly chart turned green, price movement remains cautious as market conditions stay unpredictable.

If buying pressure continues and exchange outflows remain high, SHIB could build momentum toward a price recovery. However, if broader market selling pressure returns, price pullbacks could still occur.

Past performance of digital assets is not a guarantee of future returns. Readers can track real-time market updates on Bitkub Market.

Wider Crypto Market Context for November 10, 2026

The changes in SHIB activity occurred during a busy day for the wider crypto market on November 10, 2026:

• Major tokens including XRP, Near ProtocolNEAR-3.08%, HyperliquidHYPE-5.54%, and Stellar (XLM) experienced ongoing market pressure.
• RippleXRP-4.84% Chief Technology Officer David Schwartz publicly addressed common XRP price myths.
• CardanoADA-3.82% developed a noticeable sell wall below $0.18 while traders monitored open interest trends.
• Coinbase Options highlighted XRP as a top volatility bet with a 9.7% expected swing signal.