1.3 Billion SHIB in Demand, Exchange Netflow Prints Bullish Outlook
Analysis
Price Impact
MedA netflow of over 1.3 billion shib out of exchanges indicates significant buying pressure, which can lead to price appreciation. however, the price is still below a key level ($0.000005), and the broader market sentiment needs to remain positive for sustained growth.
Trustworthiness
MedPrice Direction
BullishThe substantial outflow of shib from exchanges suggests traders are accumulating the token rather than selling, pointing towards positive sentiment and potential price increase. the article mentions analysts believe this could push the price to remove another zero before year-end.
Time Effect
ShortThe netflow data is based on the last 24 hours, indicating a short-term bullish signal. the prediction of removing another zero before the year ends suggests a potential for longer-term impact if demand continues.
Original Article:
Article Content:
Cover image via U.Today Over 1.3 billion SHIB on sale How long till SHIB reclaims $0.000005? Advertisement The Shiba Inu exchange reserve has remained flat over the last 24 hours, but its netflow shows that traders are buying rather than taking caution, as market sentiment suddenly flips bullish. While the crypto market is currently witnessing a sharp resurgence after multiple weeks of severe price corrections, data provided by crypto analytics platform CryptoQuant shows that the Shiba Inu exchange netflow is bullish. Over 1.3 billion SHIB on sale Alongside the broader crypto market, Shiba Inu has suddenly flipped positive, all thanks to a rapid shift in investor behavior that has caused its selling pressure to fade. HOT Stories XRP Enters July 4 Weekend with $6.6 Million ETF Boost; Adam Back Warns on Bitcoin Censorship; Shiba Inu (SHIB) Exits Top 30 as 87 Trillion Threshold Restored - Morning Crypto Report Fidelity Warns Bitcoin Faces Key Test The surge in investor demand for the leading meme token is evident in its exchange activity, as the data further showed that the Shiba Inu exchange netflow is currently sitting at over -1.3 billion SHIB. Advertisement You Might Also Like Fri, 07/03/2026 - 10:55 Shiba Inu Closes on 1.6 Million Holder Milestone as July Adds 1,633 Addresses By Tomiwabold Olajide This means that the number of SHIB tokens that have been moved out of exchanges for purchase purposes over the last 24 hours is substantially more than the SHIB tokens that flowed in for sale, by over 1 billion SHIB. While Shiba Inu has previously seen bigger netflows, the decent number it recently delivered is considerably significant as it finally provides a bullish outlook for SHIB after multiple weeks of notable price declines. Advertisement How long till SHIB reclaims $0.000005? Although Shiba Inu has shown a rapid price increase over the past two days, its price has still yet to reclaim crucial highs long anticipated by its investors. Following the rapid surge in prices of major crypto assets including SHIB, its price is still trading around $0.000004349 as of the time of writing. While Shiba Inu has yet to see a substantial surge in its price, analysts believe that sustained demand for SHIB and consistently positive exchange activity could further drive momentum for SHIB, pushing its price to possibly remove another zero before the year ends. #Shiba Inu #Shiba Inu (SHIB) Price Prediction