Top 10 Shiba Inu (SHIB) Whales Inject 10 Billion in 24 Hours
The ten biggest SHIB exchange inflows hit 10.44 billion tokens in a day, while reserves held near 87.66 trillion SHIB.
Key takeaways
- Whale deposits grew. The ten largest SHIB exchange inflows reached 10.44 billion tokens in 24 hours, up 1.51%.
- Burns stayed small. Shibburn recorded 2,976,589 SHIB burned in its October 3 data, worth an estimated $17.
- Reserves barely moved. Exchange reserves of 87.66 trillion SHIB rose only 0.05% over 24 hours.
What happened
The ten largest SHIB inflow transactions into exchanges reached 10.44 billion tokens over 24 hours, a 1.51% increase, according to U.Today. That raises questions about what large holders plan to do next with tokens now sitting on trading platforms.
The wider flow picture is active but balanced. Total exchange inflows reached 460.69 billion SHIB, up 1.37%, while outflows stood at 419.33 billion, up 1.19%. The result was a net inflow of 41.36 billion SHIB, and the netflow reading fell 2.83% on the day, which suggests the gap between deposits and withdrawals is narrowing.
Deposits are arriving in larger chunks than withdrawals. The average inflow per transaction rose 1.65% to 1.94 billion SHIB, against 713.26 million for average outflows. Exchange reserves sit at 87.66 trillion SHIB, up 0.05%, with a dollar value of roughly $505.77 million.
Why it matters
Deposits matter because tokens must sit on an exchange before they can be sold. U.Today states that whale inflows to exchanges can be read two ways: as a warning of potential selling, or as repositioning ahead of accumulation or liquidity provision. The larger average deposit size compared with withdrawals fits the pattern of big holders moving size in single transfers.
Price is still holding support. SHIB traded at $0.00000578 and sits just above the 200-day moving average near $0.00000565, a level the report describes as a pivot in recent weeks. Shorter-term averages between $0.00000523 and $0.00000557 form a layered support zone below it.
A separate U.Today report on October 3 put the latest net exchange balance at only around 20 billion SHIB, with the token near $0.00000592. That report described improving price action alongside restrained exchange activity, and said exchange reserves stand near 87.83 trillion SHIB, having changed by only 0.2% over 24 hours.
What the data shows
Shibburn's October 3 dashboard recorded a 17,134.60% rise in the daily burn rate, per CoinGape. The tracker logged 2,976,589 SHIB burned, worth about $17. The largest listed transaction moved 2,622,378 tokens from an address labeled Coinbase, and another moved 179,289 SHIB from an address labeled Robinhood.
Weekly burns reached 102,767,542 SHIB, and the 30-day total stood at 421,865,854 tokens. Cumulative burns tracked by Shibburn are 410,844,457,261,735 SHIB, or about 410.84 trillion tokens, equal to 41.08% of the initial one quadrillion supply, with 58.92% still in circulation.
CoinGape reported SHIB at $0.00000572, down 2.30%, with market capitalization down 2.34% to about $3.37 billion. Daily volume rose to $72.75 million, ranking SHIB 35th by market value, and the relative strength index was 49.
Background
U.Today reported that SHIB bottomed around $0.0000041 in July, then built higher lows and pushed through $0.0000055. The latest rally briefly carried it above $0.0000062 before volatility returned, and the token has pulled back from a late-September high of $0.00000627.
Technical levels remain $0.00000550 on the support side and $0.000006 as resistance, according to CoinGape. That report said holding support could allow another attempt at $0.000006, while a four-hour close below $0.00000550 would weaken the recovery setup.
Questions readers ask
What do 10.44 billion SHIB in whale exchange inflows mean?
U.Today reported that the ten largest exchange inflow transactions totaled 10.44 billion SHIB over 24 hours, a 1.51% increase. The same report states whale inflows to exchanges can be read two ways, as a warning of potential selling or as repositioning.
How much SHIB was burned on October 3?
Shibburn recorded 2,976,589 SHIB burned during the period, worth an estimated $17, and the burn rate rose 17,134.60% over 24 hours, according to CoinGape.
What price is SHIB trading at?
Reports give different readings on different dates. U.Today put SHIB at $0.00000578, a separate U.Today report cited about $0.00000592, and CoinGape reported $0.00000572.
Which SHIB price levels matter now?
CoinGape identified $0.00000550 as support and $0.000006 as resistance. U.Today flagged the 200-day moving average near $0.00000565 as the key level, with shorter-term averages between $0.00000523 and $0.00000557 below it.