38 Billion Shiba Inu Netflow Reverts Bullish Trend
Analysis
Price Impact
MedA 38 billion shib netflow revert suggests a potential increase in selling pressure. while not a massive immediate drop, it indicates a shift in investor sentiment towards selling rather than buying.
Trustworthiness
MedPrice Direction
BearishThe decline in exchange netflow, coupled with a recent price drop from $0.000004234 to $0.000004083, suggests that more shib tokens are being moved to exchanges for selling, indicating bearish momentum.
Time Effect
ShortThe article focuses on recent 24-hour data and the immediate shift in trend, implying a short-term impact on price direction.
Original Article:
Article Content:
Cover image via U.Today Shiba Inu enters bear zone Shiba Inu still up for a positive July close Advertisement Shiba Inu has seen its exchange activity slow significantly as investors appear to be taking caution again amid the broader crypto market downturn. While the market has suddenly flipped negative, data provided by crypto analytics platform CryptoQuant shows a decline in the SHIB exchange netflow over the last day. Shiba Inu enters bear zone The data shows that the Shiba Inu exchange netflow has declined modestly by about 3% over the last day, sitting at 38,631,500,000 SHIB as of the time of writing. HOT Stories Airbnb's Brian Chesky Breaks Silence on Crypto Hack Cash Cat (CASHCAT), Dogecoin (DOGE), Ethereum (ETH) and Stellar (XLM) Price Analysis for July 17: Recovery Phase Ends Abruptly This suggests a rise in selling pressure as the current exchange netflow metric shows that traders have dumped more SHIB tokens on exchanges to sell than they have bought over the period. Advertisement You Might Also Like Wed, 07/15/2026 - 10:00 Shiba Inu Reaches 21,000 Total Burn Transactions in Key Milestone By Tomiwabold Olajide Notably, the metric provides a bearish signal for SHIB as such declines in exchange netflow often signal weakening investor interest, possibly influenced by the broader crypto market trend. Shiba Inu still up for a positive July close It is important to note that the decline in the SHIB netflow has come when Shiba Inu is trading in the red, alongside other major crypto assets including Bitcoin and XRP. Advertisement Amid the sudden shift in investors' sentiment, Shiba Inu has dropped from a high of $0.000004234 to a low of $0.000004083 within just 24 hours. The negative SHIB exchange netflow coinciding with a sharp price drop provides a bearish outlook for SHIB, positioning the asset for further downside movement in the short term. While it remains uncertain whether momentum will be restored in the near term, it appears that the strong optimism for a notable July return is gradually fading. #Shiba Inu #Shiba Inu (SHIB) Price Prediction #XRP