Shiba Inu recently registered a -1,813% move in spot flows. The figure alarmed many observers. However, the reading is largely a statistical distortion rather than evidence of systemic collapse.
Why the Spot Flow Reading Is Statistically Misleading
Percentage-based flow metrics are sensitive to baseline size. When inflows are minimal during a prior interval, and outflows suddenly increase, the resulting percentage swing can be extreme. The absolute volume does not need to be large for the figure to look catastrophic.
This is what occurred with SHIB. Inflows were low. Outflows picked up. The calculation produced an outsized negative print. The -1,813% reading reflects a sharp relative shift between two small numbers, not a large-scale capital exit.
Context changes everything. Traders and analysts who strip away the percentage label and examine raw volume data will find a far less dramatic picture. The headline figure, taken alone, overstates the severity of what happened.
At the time of writing, Shiba Inu trades at around $0.00000577, down 2.18% in the last 24 hours.
Exchange Reserves Tell a Different Story
Separate on-chain data points toward a more grounded assessment. Shiba Inu’s exchange reserves currently sit above 81 trillion SHIB. That figure has been rising. More tokens are accumulating on trading platforms, which increases available sell-side supply.
Elevated exchange reserves typically signal selling pressure. It is not necessarily panic. It is also not an accumulation. Tokens held on exchanges are positioned for potential sale. That distinction matters when reading market intent.
The price chart reflects this dynamic. SHIB is trading below its 50-day and 100-day exponential moving averages. Both levels are acting as dynamic resistance. The asset has not been able to reclaim either threshold sustainably.
After an extended decline, SHIB formed a narrow consolidation range. The structure suggests an attempt at stabilization. A confirmed breakout, however, has not materialized. Momentum indicators remain neutral to slightly weak, reinforcing the absence of strong directional conviction in either direction.
Source: https://coinpaper.com/15798/shiba-inu-price-analysis-decoding-the-1-813-spot-flow-metric-and-what-it-means-for-shib
