Shiba Inu has recorded a significant withdrawal of tokens from cryptocurrency exchanges, with netflow data revealing a decline of over 125 billion SHIB tokens. The movement suggests renewed investor confidence as the popular meme cryptocurrency attempts to break through key resistance levels. Data from CryptoQuant shows the exchange netflow for Shiba Inu reached -125,937,300,000 as of December 11. The negative figure indicates that substantially more tokens were left in exchanges than entered during the period. This pattern typically reflects accumulation behavior among investors who prefer holding assets in private wallets rather than keeping them on trading platforms. The netflow metric measures the difference between deposits and withdrawals across all supported exchanges. When more tokens exit than enter, it reduces the available supply on trading platforms. This dynamic often precedes price increases as selling pressure diminishes while demand remains steady or grows. Market Sentiment Shifts Toward Accumulation Exchange flow data declined by more than 11% over 24 hours. The drop marks a clear reversal from previous selling trends that dominated recent weeks. Investors appear increasingly willing to move their holdings into self-custody solutions for longer-term storage. Both retail and institutional holders have participated in this withdrawal activity. The scale of movement suggests coordinated confidence rather than isolated transactions. Market participants seem reluctant to liquidate positions despite recent volatility across the broader cryptocurrency sector. The timing coincides with renewed momentum throughout digital asset markets. Bitcoin and other major cryptocurrencies have posted gains, creating favorable conditions for alternative tokens like Shiba Inu. The improved market environment has helped restore appetite for speculative assets that suffered during previous downturns. Price Action Reflects Growing Demand Shiba Inu currently trades at $0.000007477, representing a 1.16% increase over the past 24 hours. The price has rebounded sharply from its recent low of $0.000007011. Trading volume has increased alongside the price recovery, confirming genuine buying interest rather than low-liquidity movements. SHIB price chart, Source: CoinMarketCap
