# Shiba Inu token outflows hit 148.7 billion, biggest pull in months

**Published:** 2026-07-16T01:23:45.673Z  
**Topic:** Shiba Inu  
**Sentiment:** neutral  
**Publisher:** TrendWatcher — https://www.trendwatcher.in/article/0b99902b-a338-4b40-9bca-20e2c421c19e

Shiba Inu sees 148.7 billion SHIB withdrawn from exchanges, cutting on‑chain supply and easing sell pressure – see price level and next triggers.

Shiba Inu holders moved 148.7 billion SHIB off exchanges in a single net outflow, the largest withdrawal surge in recent months, tightening immediate supply while selling volume eases【1】.  

| At a glance | |
|---|---|
| Net outflow | –148.7 billion SHIB |
| Price | $0.00000438 |
| 24h change | +4.12% since early July |
| Catalyst | Large‑holder withdrawals to cold wallets |

## Exchange outflows drive supply contraction  
On‑chain data shows a negative netflow of 148.7 billion SHIB, meaning more tokens left exchange wallets than arrived【2】. CryptoQuant reports a similar pattern, with a net deficit of 95.35 billion SHIB in a single day and total exchange holdings falling to 86.69 trillion tokens【3】. Such outflows shrink the pool of coins available for immediate trade, a condition traders watch because reduced liquidity can amplify price moves if buying interest resurfaces.  

## Price context and market sentiment  
SHIB is trading near $0.00000438, a level that has held despite a 69% drop over the past 12 months and a 40% decline year‑to‑date【2】. Since the start of July, the token has risen about 4.12% but remains confined to a narrow range after a volatile June that erased 24% of its value【3】. The decline in selling momentum—evidenced by falling volume and weaker seller participation—has lightened downward pressure, a pattern often seen before market bottoms【2】.  

## Tokenomics and holder behavior  
Smart‑money wallets, which control roughly 94.5% of SHIB’s supply, have been moving tokens to self‑custody, indicating a shift from short‑term trading to longer‑term holding【3】. While withdrawals suggest reduced intent to sell, they do not guarantee price appreciation; the token’s price could become more volatile if sentiment flips, given the thinner order books【1】.  

## What to watch  
- **Exchange supply levels** – further declines in on‑chain reserves could tighten supply further.  
- **Price at $0.00000450** – a break above this level may signal renewed buying pressure.  
- **Large‑holder activity** – additional net outflows of 100 billion+ SHIB in the next week would reinforce the accumulation narrative.  

The outflow underscores a tangible shift in holder behavior, but whether the reduced supply will translate into sustained price gains remains uncertain, hinging on future on‑chain flows and broader market sentiment.

## Sources
1. The Currency Analytics — [SHIB Pulls 148.7 Billion Tokens Off Exchanges in Biggest Withdrawal Push in Months](https://thecurrencyanalytics.com/altcoins/shib-pulls-148-7-billion-tokens-off-exchanges-in-biggest-withdrawal-push-in-months-275425)
2. U.Today — [Shiba Inu (SHIB): 148.7 Billion Tokens Leave Exchanges, Could It Be the First Bullish Signal in Months? - U.Today](https://u.today/shiba-inu-shib-1487-billion-tokens-leave-exchanges-could-it-be-the-first-bullish-signal-in-months)
3. U.Today — [346 Billion SHIB Later: Why Smart Money Is Moving Shiba Inu Coin Off Exchanges - U.Today](https://u.today/346-billion-shib-later-why-smart-money-is-moving-shiba-inu-coin-off-exchanges)

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Cite as: TrendWatcher, "Shiba Inu token outflows hit 148.7 billion, biggest pull in months", https://www.trendwatcher.in/article/0b99902b-a338-4b40-9bca-20e2c421c19e