Shiba Inu's burn rate has surged dramatically, with 12.47 million SHIB leaving circulation in the previous 24 hours, representing a 350.29% increase in daily burns. According to Shibburn data, the network also removed 481,463 SHIB during the last hour, while the seven-day burn total reached 44.23 million SHIB, reflecting a 32.63% weekly increase. This represents a significant improvement from the previous 19.85% fall in daily burn rate, as reported by AMBCrypto. The burn activity has strengthened SHIB's long-term deflationary narrative and reinforced the memecoin's scarcity story, with the shrinking supply alone not immediately translating into stronger price appreciation but reinforcing the longer-term demand narrative.
Exchange outflows have continued to ease immediate selling pressure, with SHIB recording a negative spot netflow of approximately $175,050 during the latest session. As reported by AMBCrypto, capital continued leaving exchanges instead of moving onto them, with the relatively modest size of the outflow suggesting that conviction remained measured instead of aggressive. The negative netflows typically indicate reduced immediate selling pressure, as investors move tokens off exchanges rather than preparing them for sale. Market participants continued reducing available exchange liquidity without triggering a broad buying wave, with the outflow data complementing the improving burn statistics and suggesting that holders preferred accumulation over distribution.
Large investors have become increasingly active across SHIB's spot market despite the subdued price environment, with the Spot Average Order Size indicator continuing to flash "Big Whale Orders" showing that larger transactions accounted for a greater share of executed trades. According to AMBCrypto, this pattern often reflected institutional or high-net-worth participation rather than retail-driven activity. Even though the market lacked a decisive breakout, whales continued absorbing liquidity while exchange balances gradually declined, with this combination indicating that larger participants are positioning for a longer-term move despite near-term uncertainty. Retail participation remained relatively restrained, yet growing whale-sized orders hinted that sophisticated investors had started positioning ahead of a potential directional move.
SHIB continued trading inside a descending channel after several weeks of lower highs and lower lows, but the price defended the $0.00000409 support area while attempting to stabilize above it. As reported by AMBCrypto, immediate resistance remained near $0.00000450, while a stronger barrier stood around $0.00000500, both aligning with previous rejection zones. The MACD reflected improving market conditions because the blue MACD line climbed above the signal line while the histogram shifted closer to the neutral level. Although a confirmed bullish crossover had not yet appeared, selling pressure had continued fading throughout July. If buyers maintain control above current support and the MACD completed a bullish crossover, SHIB could challenge $0.00000450 first before targeting $0.00000500, though losing $0.00000409 could invite another decline within the descending channel.
According to reports from AMBCrypto, three AI models are projecting modest to moderate gains for Shiba Inu (SHIB) by the end of 2026. The Shiba Inu AI predicts modest upside potential, while Claude AI and Grok AI models anticipate moderate gains for the memecoin. All three models agree that SHIB will not experience an explosive rally this year, with the projected gains attributed to the memecoin's massive community that continues to grow. The current price action reflects the challenging market conditions facing the memecoin, though combined stronger burn activity, continued exchange outflows, and increasing whale participation point to improving market conditions, with a breakout above resistance still needed to validate a broader trend reversal.
