Shiba Inu Scam: Measuring the Liquidity Drain and Trading Flow Impact

The direct financial impact of the address poisoning campaign was quantifiable. Security teams identified and flagged approximately 5,000 malicious addresses created by attackers to misdirect SHIB transactions. This deliberate social engineering attack triggered a measurable, immediate market reaction: the asset's 24-hour trading volume dropped 2.1% in the hours following the alert.

That volume contraction, however, was a fleeting liquidity drain. The price action quickly resumed its prior consolidation pattern, indicating the market absorbed the shock. The broader focus remained on established liquidity flows and network fundamentals, not isolated security incidents. The subsequent daily price uptick of 3.6% suggests underlying demand was not materially shaken.

The bottom line is that while the scam created a temporary noise in trading metrics, it did not alter the asset's core price trajectory. The market's swift return to its established range shows resilience to such targeted attacks, with attention fixed on the larger liquidity picture.

Current Liquidity and Volume Benchmarks

As of February 3, 2026, SHIB's market metrics show a stable but deeply bearish asset. The 24-hour trading volume sits at approximately $145 million, indicating the market still has sufficient liquidity to absorb trades. The current price is $0.00000691, which places it just above a key long-term support zone near $0.00000650. This level has historically acted as a floor during the post-2025 cooling period.

The broader trend, however, is one of sustained decline. Over the past year, the asset's price has fallen by 58%, a stark reflection of the bearish market environment. This year-to-date drop underscores that the recent daily uptick is a minor correction within a much larger downtrend. The market cap is estimated at ~$4.07 billion, a figure that has been under pressure throughout 2025.

The bottom line is that SHIB is trading in a high-volume, low-momentum range. While the daily price pop suggests localized buying interest, the year-long collapse and proximity to a critical support level signal that the asset's fundamental health remains fragile. Liquidity is present, but the path of least resistance is still down.

Catalysts and Risks for Trading Flow

The immediate catalyst for breaking out of the current range is a sustained move above the current price of $0.00000691 on increased volume. A daily close above this level, particularly with 24-hour volume returning to its recent average of ~$145 million, would signal a resumption of bullish momentum. This would likely trigger short-covering and attract new buyers, potentially targeting the next resistance near $0.00000750.

The primary risk is a failure to reclaim that key level. If price action stalls or reverses below $0.00000691, the market may interpret this as a breakdown of the recent consolidation. This could accelerate selling pressure, driving the asset toward its critical long-term support zone near $0.00000650. A breach of this floor would confirm the downtrend is intact and likely lead to further losses.

Monitoring the 24-hour volume trend is critical for assessing the flow's health. A return to pre-scam volume levels indicates the liquidity disruption has fully resolved and the market is operating normally. Any sustained drop below $145 million would signal waning interest and increased vulnerability to downward moves.