Shiba Inu Spot Flows Surge 1,546% in 24 Hours, But SHIB Price Stays in Red
Analysis
Price Impact
HighDespite a massive 1,546% surge in spot inflows ($12.43 million) in 24 hours, shib's price is down. this indicates significant selling pressure from broader market liquidations and rotation out of risk-on assets is overriding any potential bullish impact from increased buying interest moving tokens to exchanges.
Trustworthiness
HighThe analysis is based on data from coinglass, a reputable crypto analytics platform, and covers current market events reported by u.today.
Price Direction
BearishShib is currently down 2.95% in 24 hours and 15% weekly. the overall crypto market is experiencing a deep sell-off with substantial liquidations, causing a bearish sentiment for shib despite increased spot inflows. the dominance of spot inflows over outflows suggests an intent to sell is stronger than immediate buying pressure.
Time Effect
ShortThe current market sell-off, high liquidations, and rotation out of risk-on assets are immediate factors driving shib's price action. while historical february performance is mentioned, the present trend is strongly influenced by short-term market dynamics.
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Cover image via U.Today Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available. Read U.TODAY on Google News Market sell-off deepens SHIB price in red Advertisement Shiba Inu spot flows have seen a positive increase of 1,546% in 24 hours, but the SHIB price continues to trade in the red. According to CoinGlass data , Shiba Inu saw spot inflows of $12.43 million, which estimates the amount of SHIB being moved from holder wallets to exchanges over the last 24 hours. On the other hand, spot outflows — which estimates the amount of SHIB moved from exchanges to holder wallets in the last 24 hours — came in at $11.99 million. Cryptocurrencies being moved to or away from exchanges indicate an intent to sell or buy. The dominance of spot inflows in the last 24 hours comes as the market faced selling on Wednesday. HOT Stories Ripple Prime Goes Live on Hyperliquid: Why This Is 'God-Mode' Move for XRP Morning Crypto Report: Dogecoin (DOGE) Rises on Musk's Wealth Record, Ethereum (ETH) Eyes 24% Rally, Cardano (ADA) Dethrones Bitcoin Cash and Hyperliquid From Top 10 You Might Also Like Wed, 02/04/2026 - 12:45 7,021.14% Shiba Inu Surge: Will Price Follow? By Arman Shirinyan Advertisement The drop has seen $714 million in total crypto liquidations over 24 hours, largely from long positions, CoinGlass data shows. Market sell-off deepens Crypto losses increased this week across the board amid the delay of crucial U.S. economic data due to a partial government shutdown. Investors have also continued to rotate out of risk-on assets, causing significant declines for major cryptocurrencies, especially on a weekly basis. Advertisement Shiba Inu is likewise seeing significant losses on a seven-day basis. Total crypto market value has dropped by $467.6 billion since Jan. 29, while total liquidations have surpassed $6.67 billion from this date. SHIB price in red At the time of writing, SHIB was down 2.95% in the last 24 hours to $0.000006973 and down 15% weekly. Shiba Inu entered into sideways trading following a five-day drop from Jan. 28 to Feb. 1. The dog coin is currently trading in a range between $0.00000645 and $0.00000702 as prices stagnated on the market. Indicators such as the daily RSI are near oversold levels, indicating the possibility of a relief rally if prices rebound on the market. Shiba Inu closed January down by 1.31%, with February being a positive month for its price, having ended the Februarys of 2022 to 2024 in green. #Shiba Inu (SHIB) News #Shiba Inu (SHIB) Price Prediction #Shiba Inu