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Shiba Inu 'July effect' at risk as over 1 trillion SHIB moves to exchanges

Shiba Inu may fail to hold its typically relatively solid July performance this year, as SHIB remains in a weak range with 12 days left before the monthly candle closes. CryptoRank data put SHIB’s median July return at at least 3.88 percent, and it finished July higher in 2025, 2023 and 2022, but it is down 1.29 percent so far this month. More than 1 trillion SHIB has moved to exchanges in recent weeks, adding supply pressure.