Shiba Inu Spot Flows Jump 440% Long-Term, but Short-Term Signals Deteriorate
- —Eight-hour spot net inflows rose 440.65% to $506,680.
- —24-hour inflows of $6.72 million exceeded $6.11 million in outflows, netting +$613,500.
- —The latest one-hour net flow was -$36,230; the 30-minute reading was -$26,830.
- —The three-day net flow remains negative at about -$388,160.
Why it matters: Losing the long-term moving average and weakening short-term flows put the $0.00000540 support level at risk.
Source: U.Today