SHIB Market Update Highlights 129% Move Toward Net Outflows

SHIB Market Update Highlights 129% Move Toward Net Outflows

Source: UToday

Published:06:05 UTC

BTC Price:$68047

#SHIB #ShibaInu #Crypto

Analysis

Price Impact

Med

The news indicates a 129% move towards net outflows for shib, which is interpreted as potential buying pressure or accumulation. this, combined with a recent price reversal and increased open interest, suggests positive momentum but also potential leverage-driven volatility.

Trustworthiness

Med

The information is derived from coinglass data, which is a reputable source for on-chain and futures market data. however, the interpretation of 'net outflows' as 'buying pressure' is an analysis and not a direct factual statement, leaving room for alternative interpretations.

Price Direction

Bullish

The article highlights a reversal from a three-day drop, a second day of recovery, and a 4.80% price increase in the last 24 hours. the rise in open interest also supports a potentially bullish short-term outlook, though the sideways trading range and rsi below 50 suggest consolidation before a breakout.

Time Effect

Short

The analysis focuses on recent 24-hour data and price movements over the last few days. the projected price action also discusses immediate barriers and support levels, indicating a short-term focus.

Original Article:

Article Content:

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 Shiba Inu open interest rises 8% What's next for SHIB price? Advertisement A recent Shiba Inu market update deduced from CoinGlass data indicates a 129% move toward net outflows. According to spot flow data provided by CoinGlass, in the last 24 hours, Shiba Inu outflows came in at $6.24 million, more than inflows at $6.14 million. The difference ($101,700) yields a negative netflow change of 129%, indicating net outflows. While this might seem concerning, the reverse is the case, as negative netflow might suggest buying pressure or accumulation. HOT Stories Ripple Partners With Deutsche Bank, $2 Billion in Bitcoin Scooped by Whales, Schwartz Criticizes Logan Paul, Shiba Inu Price Enters Consolidation — Top Weekly Crypto News Crypto Market Review: Shiba Inu Price Momentum Returns In New Uptrend, Is Ethereum (ETH) Stuck in the Mud? Bitcoin Isn't Giving Up on $70,000 This follows as Shiba Inu's price reverses a three-day drop. Shiba Inu fell for three days at a stretch from Feb. 17 to 19, where it found support at $0.00000612 and began to rise. Advertisement You Might Also Like Sat, 02/21/2026 - 03:00 +152 Billion Shiba Inu (SHIB) in Mere 24 Hours: Exchange Inflows Prompt More Selling By Arman Shirinyan The recovery is extending into its second day from Friday, with SHIB reaching intraday high of $0.00000662 on Saturday. At the time of writing, SHIB was up 4.80% in the last 24 hours to $0.000006493. Shiba Inu had also reversed weekly losses, up 0.41% in the last seven days, according to CoinMarketCap data. Advertisement Shiba Inu open interest rises 8% The spot flow tool is used to confirm or contradict what is happening in the futures market. For example, if prices are increasing and futures open interest is also rising, these might indicate leveraged buying. In this regard, Shiba Inu open interest has risen nearly 8% in the last 24 hours to $78.79 million. You Might Also Like Sun, 02/15/2026 - 02:30 Shiba Inu Completes Golden Cross on Hourly Chart, Rises 6% By Tomiwabold Olajide If price is increasing while spot flow stays negative, this might suggest an increase driven by derivatives or leverage, which might reverse quickly. What's next for SHIB price? Shiba Inu has been trading sideways between $0.00000508 and $0.00000724 since the beginning of February. The daily RSI, which is now slightly below 50, suggests that this sideways trading might continue a little while longer before a breakout or breakdown. An immediate barrier for SHIB's price is expected at the $0.00000724 high before the daily MA 50 and 200 currently at $0.00000743 and $0.00000943. Support is expected at three points between $0.000005 and $0.000006: these are $0.0000061, $0.00000575 and $0.00000508. #Shiba Inu (SHIB) News #Shiba Inu