- Shiba Inu exchange netflow stands at -118,611,500,000 SHIB
- Whereâs SHIB headed?
As the broad crypto market begins to show signs of a potential resurgence, popular dog-themed meme asset Shiba Inu appears to be taking the lead, with gains of nearly 4% over the last day.
Amid the positive price move, the latest Shiba Inu exchange movements signal growing confidence among investors as demand continues to heighten.
As of Dec. 25, Shiba Inu exchange movements appear to be trailing in favor of the asset’s continued rally amid the celebration of Christmas.
Shiba Inu exchange netflow stands at -118,611,500,000 SHIB
According to data from crypto analytics platform CryptoQuant, Shiba Inu’s netflow across all supported cryptocurrency exchanges is sitting at -118,611,500,000 SHIB on Thursday.
Notably, the metric represents the difference between Shiba Inu exchange inflows and outflows, indicating that the amount of SHIB tokens scooped out of exchanges in major buying activities is greater than tokens returned to the exchanges for selling purposes.
Thus, traders are willing to buy more SHIB tokens as the sudden shift in market sentiment witnessed during the last trading session has restored momentum to the Shiba Inu ecosystem.
With Shiba Inu moving from the low $0.000006992 it recorded yesterday, it is now trading at $0.000007238 as of press time, according to data from CoinMarketCap, many small and large SHIB holders are showing no interest in selling off their holdings amid renewed market interest.
![Article image]()
Source: TradingView ## Where’s SHIB headed?
Although negative SHIB netflows like this are often interpreted as bullish signals, reflecting increasing interest and demand for retail and institutional investors, they do not immediately influence the price of the asset.
While Shiba Inu has continued to fail on its recent rebound attempts, it is not certain if the case would be different this time. However, a steady increase in the SHIB exchange inflows against its outflows could propel the price for a sustainable rally, which could help the asset conclude the year on a positive note.
Aviso: As informações nesta página podem ser provenientes de terceiros e não representam as opiniões ou pontos de vista da Gate. O conteúdo exibido nesta página é apenas para referência e não constitui aconselhamento financeiro, de investimento ou jurídico. A Gate não garante a exatidão ou integridade das informações e não será responsável por quaisquer perdas decorrentes do uso dessas informações. Os investimentos em ativos virtuais apresentam altos riscos e estão sujeitos a uma volatilidade de preços significativa. Você pode perder todo o capital investido. Por favor, compreenda completamente os riscos envolvidos e tome decisões prudentes com base em sua própria situação financeira e tolerância ao risco. Para mais detalhes, consulte o
Aviso Legal.
Related Articles
Assim é como o preço de Shiba Inu (SHIB) poderia explodir 50%
Shiba Inu (SHIB) mostra sinais de potencial recuperação, empurrando contra uma linha de tendência descendente. Se conseguir ultrapassar a resistência de $0.0000070, um aumento de 50% para $0.000010 é possível, indicando momentum altista.
CaptainAltcoin18m atrás
Is Shiba Inu (SHIB) Entering 'Healthy Correction' With 43% Upside Still on the Menu? - U.Today
Cryptocurrency Shiba Inu (SHIB), which had been demonstrating confident growth in recent days, gaining as much as 22% in price since March 9 at the peak, has over the past 24 hours shown a decline that already amounts to 6% from the local high reached yesterday at the $0.00000644 mark, as per
UToday6h atrás
Solana vs Pepeto: Perdeu Shiba Inu e Dogecoin? Pepeto Pode Ser Sua Porta para a Próxima Moeda Meme Vencedora – Notícias do Preço Solana
Se estivesse entre os que viram o Dogecoin atingir máximos históricos ou viu o Shiba Inu disparar enquanto hesitava, conhece bem esse sentimento. Cada segundo de atraso em criptomoedas custa dinheiro, e o mercado pune a hesitação mais rapidamente do que qualquer outra coisa. O debate solana vs pepeto é agora
CaptainAltcoin6h atrás
Fluxo de rede de exchanges de criptomoedas Shiba Inu salta 208% com retorno da volatilidade do SHIB - U.Today
Shiba Inu (SHIB) enfrenta pressão de venda crescente, com depósitos em exchanges a aumentarem 208%, sinalizando possível realização de lucros em meio à volatilidade contínua. Apesar de uma recente subida de preço, SHIB permanece em queda significativa desde o início do ano.
UToday6h atrás
Shiba Inu One Step Away From Crossing 81 Trillion Threshold - U.Today
Shiba Inu back at starting point
Reserves coming back
With exchange reserves getting closer to the 81 trillion token threshold Shiba Inu is currently on the verge of a significant on-chain milestone. The asset price movement also shows that the market is still having difficulty establishing a
UToday10h atrás
