Shiba Inu (SHIB) tokens have seen a significant increase in net exchange flow, with 182 billion SHIB tokens moving to exchanges in the past 24 hours, marking a 113% spike. This surge in exchange inflows is putting pressure on the supply and dampening prospects for a price recovery. The exchange reserve data shows an increase in SHIB held by exchanges from 81.135 trillion to 8.341 trillion, a 2% rise, indicating potential selling pressure as holders may be looking to swap SHIB for stablecoins or other cryptocurrencies. The increased exchange activity comes amid a broader market downtrend, with SHIB's price retracing by 22% over the past 30 days, currently trading near $0.0000064. Despite the bearish sentiment, active addresses and transaction counts have shown slight increases, suggesting ongoing user engagement within the Shiba Inu ecosystem. However, unless market conditions stabilize, SHIB faces the risk of further price corrections.