On September 9, over 2.6 trillion Shiba Inu (SHIB) tokens left centralized exchanges in one of the biggest outflows in the trading history of the cryptocurrency. The high flow constitutes a radical change in the behavior of holders that may redefine the price course of SHIB in the coming months. Outflows of this scale typically indicate strong market confidence. Large-scale investors can switch large token holdings to cold storage or custody products when markets are bullish. Such a behavior eliminates short-term selling pressure from active trading markets. The outflow coincides with SHIB testing critical resistance levels around $0.0000130-$0.0000138. As indicated by the technical analysis, the token has come out of a triangle shape of consolidation, and moving averages are clustering in a shape that has been a historical advance of major price movements. Market Dynamics Shift as Supply Tightens Token outflows create favorable conditions for price appreciation by reducing available supply on exchanges. With fewer tokens available to trade now, even modest demand can result in huge price increases. This supply-demand imbalance forms the foundation for sustained upward momentum. The current market structure depicts low exchange inflows, intensifying the September 9 outflow effect. Low inflow rates suggest holders maintain confidence in SHIB's long-term prospects rather than seeking quick profits through active trading. The patterns of whale activity confirm this view. Large holders traditionally move significant positions to secure storage during accumulation phases. The 2.6 trillion token movement aligns with institutional-level investment strategies focused on long-term value creation rather than short-term speculation. Moving averages on the SHIB/USDT chart indicate potential trend continuation above key technical levels. A decisive break above the 200-day exponential moving average could catalyze broader market interest, particularly if accompanied by increased trading volume. Technical Indicators Point to Bullish Structure Chart patterns reveal SHIB has successfully navigated through previous consolidation phases. The recent breakout from the triangle formation represents a classic technical setup that often precedes sustained rallies in cryptocurrency markets. SHIB/USDT Chart by TradingView Resistance levels between $0.0000130 and $0.0000138 serve as immediate targets for bullish momentum. Successful penetration of this zone could establish new support levels and attract additional buying interest from technical traders. Volume analysis remains crucial for confirming breakout validity. Current patterns suggest accumulation rather than distribution, supporting the narrative established by exchange outflow data. At the time of writing, SHIB was trading at $0.00001295, down 0.79% in the last 24 hours. SHIB price. Source CoinMarketCap
