Markets· ★★· neutral·

Shiba Inu Netflows Drop to 120 Billion Tokens as Selling Pressure Cools

  • —SHIB exchange netflows fell to about 120 billion tokens
  • —Inflows reached 551.8 billion SHIB vs 453.4 billion outflows
  • —Exchange reserves rose 0.11%, dollar value up 4.85%
  • —SHIB trades near $0.00000598, resistance at $0.00000610–$0.00000630
Why it matters: Falling netflows remove some near-term selling pressure, but SHIB needs a close above $0.00000630 to restart its rally.
#SHIB
Source: U.Today
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