145 Million Shiba Inu Netflow Flashes Bullish Signal
Analysis
Price Impact
MedA net negative flow of 145 billion shib indicates more tokens are moving off exchanges than onto them, suggesting a higher likelihood of holding and potential buying pressure rather than immediate selling. this is a bullish on-chain signal, but the broader market downtrend and shib's recent price performance temper the immediate impact.
Trustworthiness
MedPrice Direction
BullishThe negative exchange netflow is a classic bullish signal, implying that investors are moving shib to private wallets for holding, reducing the supply available for sale on exchanges. this could precede a price reversal and upward momentum, especially if buying pressure increases.
Time Effect
ShortOn-chain signals like netflow can sometimes lead to short-term price movements as traders react to the data. however, without sustained buying pressure or a broader market recovery, this bullish signal might not translate into a long-term trend reversal.
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Article Content:
Cover image via U.Today Shiba Inu bulls take over Shiba Inu loses track of a positive July Advertisement Shiba Inu is trading on a downside trajectory, showing a decent decrease in its price over the last 24 hours, but its exchange activity is printing a different signal. Amid the ongoing downtrend facing the broad crypto market, onchain data from crypto analytics platform CryptoQuant suggests that Shiba Inu is still in demand. Shiba Inu bulls take over Per the data, the Shiba Inu exchange netflow has declined by over 3% over the last day, sitting at -145,196,700,000 SHIB as of the time of writing. HOT Stories Robinhood CEO Breaks Silence on Crypto Hack Cash Cat (CASHCAT), Solana (SOL), XRP and Dogecoin (DOGE) Price Analysis for July 24: Recovery Hype Goes Out The negative balance in the Shiba Inu exchange flow projects a bullish outlook as it shows that the amount of SHIB tokens sent to exchanges for sell-off purposes is substantially lower than the amount of tokens moved out of exchanges to private wallets to hold. Advertisement You Might Also Like Fri, 07/24/2026 - 11:00 3 Million SHIB Sent to Dead Wallet, but Burn Rate Stays Low By Tomiwabold Olajide While this comes after multiple days of extreme caution, it appears that bulls are gradually dominating the Shiba Inu spot market and buy activity is increasingly outweighing the sell-off pressure facing the market. Shiba Inu loses track of a positive July Following the recent market downturn, Shiba Inu is currently sitting at a 1.74% loss for its July return, sparking concerns among traders about whether the token will deliver the anticipated July gains. Advertisement Although Shiba Inu has dropped by 0.98% over the last day, trading at $0.000004130 as of the time of writing, its exchange activity suggests that it could be preparing for a bullish price reversal. Hence, the asset could reclaim its path to a positive monthly close, positioning it for greater upside momentum as confidence returns to the market. #Shiba Inu #Shiba Inu (SHIB) Price Prediction