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# SHIB's 100B Token Inflow: Why It's Actually Bad News



Shiba Inu just saw over 100 billion tokens flowing in, but here's the thing—they're going to the wrong place. CryptoQuant data shows these tokens are piling up on exchanges (currently sitting at ~85.1 trillion), not in users' wallets. And historically? When exchanges get fat like this, it usually means whales are gearing up to dump, not hold long-term.

**The Chart Tells a Different Story**

Price-wise, SHIB had a small bounce early October, but it's still trapped in that nasty descending triangle. Can't break through the 100-day EMA, can't clear the $0.0000135 resistance. Every pump gets rejected, and trading volume is drying up—classic sign that the hype is fading and supply pressure is winning.

**What Could Go Wrong**

If even a fraction of those 85 trillion exchange tokens hit the market, SHIB could easily slide toward $0.0000120 support or lower. The rising exchange reserves are basically a ticking time bomb for potential selling pressure.

**What SHIB Needs to Reverse**

Two things: (1) Exchange reserves need to drain significantly—meaning real holders are buying and moving coins off exchanges. (2) Price needs to actually break above the 100 EMA and that descending trendline with conviction.

Bottom line: Token quantity going up in the wrong hands is bearish, not bullish. Unless the trend flips fast, SHIB's stuck in bear mode.
SHIB7.02%
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