Shiba Inu Eyes an Upswing As 1.06T SHIB Exchange Inflows Rise

SHIB volume and whale activity surged to multi-month highs.

Exchanges recorded a major 1.06T SHIB inflow.

Technical support and positive funding rates strengthen the bullish outlook.

Shiba Inu started the week with stronger interest as traders tracked fresh on-chain activity. Volume surged to levels not seen for months, and large holders became more active again. Derivatives markets also showed fresh confidence as funding rates shifted into positive territory. Exchanges then recorded a massive inflow of 1.06 trillion SHIB, a move that signaled new positioning among major players. These changes shaped a short-term outlook that now leans toward higher prices.

Network Activity Shows Growing Strength

Shiba Inu recorded one of the busiest sessions in recent months. Whale transactions above $100,000 jumped to 406 in a single day. Santiment highlighted that figure as the highest reading since June. Traders read that surge as a sign of renewed confidence among large accounts. Spot and futures markets showed higher participation as well. Aggregate trading volume reached $66.91 trillion on Sunday.

Volume then settled near $4.01 trillion on Tuesday. That reading marked the strongest level since March 2024. Higher liquidity often supports price continuation during recovery periods. CryptoQuant data recorded strong buy orders across major exchanges. Large holders absorbed significant supply from both spot and derivatives platforms. This shift in order flow created conditions that often support bullish trends, especially when retail activity remains moderate.

A major exchange inflow then added another factor to the market structure. Centralized platforms logged a net inflow of 1.06 trillion SHIB during the past day. Exchange reserves climbed to 136.95 trillion following that move. This broke a pattern of steady withdrawals recorded earlier.

Technical Support and Derivatives Data Strengthen the Bullish Case

Shiba Inu stabilized above a key breakout zone following a move beyond a falling wedge pattern. Price action faced resistance at the 50-day exponential moving average near $0.0000085. Buyers then defended the upper trendline as a support area. That rebound helped SHIB gain nearly three percent on Monday before holding steady on Tuesday. Traders now watch the $0.000010 level as the next major barrier.

A clean break above that region may open the door for further gains. Support remains firm as long as buyers maintain pressure near current levels. Derivatives markets added momentum to the bullish view. Coinglass data showed funding rates flipping positive on Monday. Rates then moved to 0.0096 percent on Tuesday. Long positions now outweigh short exposure, signaling confidence in upward movement.

Historical patterns show positive funding rates often follow extended negative periods. Those shifts frequently come before sharp upward swings fueled by short liquidations. Open interest also climbed across major exchanges, showing renewed participation ahead of potential volatility. For now, Shiba Inu now approaches a crucial point.