Shiba Inu (SHIB) is flashing a critical bullish signal as weekly on-chain data reveals a sharp divergence between rising demand and falling available supply. Despite bearish market chatter, Shibarium's latest metrics indicate accelerating adoption and ecosystem development, setting the stage for a potential price recovery. The data confirms the SHIB network is actively burning tokens and attracting new users, creating fundamental pressure for upward valuation movement.

Shiba Inu: Bullish Data Gives Hopes To Investors

According to a latest forecast by Shibarium, the last week has been particularly beneficial for SHIB. Data from April 9 to 16 points out a steady exchange flow marked with $1.24T outflows as well as reserves down to $80T. This development is bullish, signifying reduced sell pressure on the asset.

In addition to this, SHIB has also been encountering steady whale activity with adoption levels rising with each passing day. Nearly 2.02T SHIB has been accumulated by whales as of yet, with the top ten wallets holding nearly 62% of the SHIB supply.

SHIB New Address Stats Are Also Rising

In addition to this, Shiba Inu’s new wallet address metric is also climbing, with 300 new addresses being generated each day.

Similarly, the SHIB burn mechanism is also gaining momentum, burning nearly 15.5M SHIB tokens on April 11th, steadying Shiba Inu’s market supply.

SHIB Holder Statistics (7-Day Overview)

April 9 to April 16, 2026

1. Exchange Flow and Supply

Total net outflows from centralized exchanges reached approximately 1.24 trillion SHIB during the period.

Total SHIB reserves held on exchanges declined to approximately 80.9… pic.twitter.com/2WKDafp2iT