{"id":20711,"date":"2026-01-27T11:29:26","date_gmt":"2026-01-27T11:29:26","guid":{"rendered":"https:\/\/bitunikey.com\/news\/shiba-inu-price-eyes-float-squeeze-as-29m-shib-exits-exchanges-in-24-hours\/"},"modified":"2026-01-27T11:29:33","modified_gmt":"2026-01-27T11:29:33","slug":"shiba-inu-price-eyes-float-squeeze-as-29m-shib-exits-exchanges-in-24-hours","status":"publish","type":"post","link":"https:\/\/bitunikey.com\/news\/shiba-inu-price-eyes-float-squeeze-as-29m-shib-exits-exchanges-in-24-hours\/","title":{"rendered":"Shiba Inu price eyes float squeeze as 29m SHIB exits exchanges in 24 hours"},"content":{"rendered":"<div class=\"post-detail__content blocks\">\n<p class=\"is-style-lead\">SHIB price is still capped by resistance, but a 29m token outflow, rising active addresses and \u201cfear\u201d sentiment hint at a quieter accumulation phase.<\/p>\n<div id=\"cn-block-summary-block_bf6bcdd4851cb5ed43adcae0cd08dbb1\" class=\"cn-block-summary\">\n<div class=\"cn-block-summary__nav tabs\">\n        <span class=\"tabs__item is-selected\">Summary<\/span>\n    <\/div>\n<div class=\"cn-block-summary__content\">\n<ul class=\"wp-block-list\">\n<li>About 29,169,846 SHIB left exchanges in 24 hours, with withdrawals outpacing deposits by roughly 72.5b tokens over the period.\u200b<\/li>\n<li>Active SHIB addresses and transactions ticked higher, suggesting modest on-chain revival even as SHIB trades below key resistance.<\/li>\n<li>With Bitcoin near $88.4k and Ethereum around $2,911 in a \u201cfear\u201d market, SHIB\u2019s move to self-custody looks like positioning for a future upside break.<\/li>\n<\/ul><\/div>\n<\/div>\n<p><!-- .cn-block-summary --><\/p>\n<p>Shiba Inu (SHIB) holders are pulling tokens off exchanges at a steady clip, quietly setting up a tighter float just as the broader market grinds through a cautious range. In the past 24 hours, 29,169,846 SHIB have left centralized venues, a small but targeted rotation that aligns with a modest pickup in on-chain activity and a market still trading in \u201cfear.\u201d<\/p>\n<p>    <!-- .cn-block-related-link --><\/p>\n<h2 class=\"wp-block-heading\" id=\"on-chain-exodus-and-supply-squeeze\">On-chain exodus and supply squeeze<\/h2>\n<p>\u201cAccording to The Crypto Basic, 29,169,846 SHIB tokens vanished from exchanges in 24 hours,\u201d KuCoin\u2019s latest flash update notes, adding that exchange reserves fell from 82,066,732,850,077 SHIB to 82,066,703,680,231 SHIB over the period. Over the same window, about 256 billion SHIB flowed out of exchanges versus roughly 183.5 billion SHIB flowing in, confirming that \u201cwithdrawals far outpaced deposits.\u201d The report stresses that this pattern \u201coften reflects a preference among holders to store assets securely rather than prepare them for sale,\u201d reducing immediate sell pressure and laying groundwork for sharper upside if demand returns.<\/p>\n<figure class=\"wp-block-image size-large\"><\/figure>\n<h2 class=\"wp-block-heading\" id=\"network-activity-and-price-context\">Network activity and price context<\/h2>\n<p>On-chain metrics back that accumulation story. Active SHIB addresses have risen 0.83% to 195, with active receiving addresses up 1% to 131 and total transactions reaching 5,863, numbers KuCoin says \u201cshow signs of life in the Shiba Inu ecosystem\u201d despite the absence of a breakout on the chart. Even so, SHIB continues to trade under key resistance, with recent technical commentary warning that failure to regain its range could leave the token vulnerable to \u201ca steeper correction\u201d if macro conditions deteriorate.<a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/www.kucoin.com\/news\/articles\/crypto-daily-market-report-january-27-2026\" target=\"_blank\" rel=\"nofollow\"><\/a><\/p>\n<h2 class=\"wp-block-heading\" id=\"majors-over-the-last-24-hours\">Majors over the last 24 hours<\/h2>\n<p>The majors set the backdrop, and they look more cautious than euphoric. Bitcoin is hovering around $88,400, roughly flat to slightly higher in the last 24 hours as it chops below the $90,000 area that has repeatedly capped rallies. Ethereum changes hands near $2,911, up about 0.7% on the day, with a 24\u2011hour range that has seen dips toward support before snapping back. XRP trades around $1.885, BNB near $883, and Solana about $123.65, all posting gains of roughly 0.1\u20131.4% in that same period.<a rel=\"nofollow\" target=\"_blank\" target=\"_blank\" href=\"https:\/\/99bitcoins.com\/news\/altcoins\/crypto-market-news-today-january-27-bitcoin-steady-ether-usd-reaching-support-xrp-and-sol-follow\/\"><\/a><\/p>\n<p>KuCoin\u2019s daily market report sums up the mood bluntly: sentiment has improved only from \u201cExtreme Fear\u201d to \u201cFear,\u201d and \u201cno clear expansion in risk appetite toward higher\u2011beta assets\u201d has yet emerged. Against that backdrop, SHIB\u2019s quiet drift into self\u2011custody looks less like a late\u2011cycle blow\u2011off and more like disciplined position\u2011building while the market waits for its next macro cue.<\/p>\n<p>    <!-- .cn-block-related-link --><\/p>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>SHIB price is still capped by resistance, but a 29m token outflow, rising active addresses and \u201cfear\u201d sentiment hint at a quieter accumulation phase. Summary About 29,169,846 SHIB left exchanges&hellip;<\/p>\n","protected":false},"author":1,"featured_media":8195,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-20711","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency"],"_links":{"self":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/20711","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/comments?post=20711"}],"version-history":[{"count":1,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/20711\/revisions"}],"predecessor-version":[{"id":20712,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/20711\/revisions\/20712"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media\/8195"}],"wp:attachment":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media?parent=20711"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/categories?post=20711"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/tags?post=20711"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}