Markets· ★★· bearish·

SHIB: Short-Term Outflows Rise as Buying Momentum Weakens

  • —Eight-hour spot net inflow into SHIB rose 440.65%
  • —One-hour outflows of $247,370 topped $211,140 in inflows
  • —12-hour futures net flow fell to minus $433,240
  • —Price dropped below the $0.00000565 average, erasing part of September's recovery
Why it matters: Weak short-term demand and futures outflows point to further downside risk for SHIB.
#SHIB
Source: Coin Türk
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