# SHIB's 100B Token Surge: Why It's Actually Bad News

Shiba Inu just saw a massive 100 billion token inflow—but here's the catch: almost all of it landed on exchange wallets, not in retail investors' pockets. That's a red flag, not a rally signal.

# # The Exchange Hoarding Problem

CryptoQuant data shows SHIB exchange reserves hit 85.1 trillion tokens this week—a significant jump. Historically, when exchanges start stacking tokens like this, it usually means one thing: preparation for a dump. Institutions and whales don't sit on exchanges for fun; they're positioning inventory for liquidation.

# # Price Action Tells the Real Story

Despite the token influx, SHIB's price chart looks grim. The asset is trapped in a descending triangle—a textbook bearish pattern. Every bounce this month fizzles before hitting the 100-day moving average. That level has become a ceiling that sellers refuse to break through, with volume drying up simultaneously. When volume drops alongside failed breakout attempts, it screams: **lack of conviction**. Retail has gone quiet.

# # The Math Doesn't Add Up

SHIB is hovering around $0.0000127, stuck below the key $0.0000135 resistance. The technical setup is screaming weak momentum—ascending exchange reserves + declining volume + failed MA breakout = disaster waiting to happen. If those exchange tokens hit the open market, SHIB could retest support at $0.0000120 or breach it entirely.

# # What Would Change the Narrative?

For SHIB to recover, you'd need:
1. A clear reversal in exchange inflows (proof retail is accumulating, not exchanges dumping)
2. A decisive close above the 100 EMA with volume conviction
3. Breaking out of that descending triangle with momentum

Right now? None of those conditions exist. The irony is painful: more SHIB tokens flowing in should be bullish, but they're flowing into the worst possible place.