Shiba Inu Exchange Netflow Falls to 65 Billion SHIB as Selling Pressure Eases
- —SHIB net exchange inflow stood at +65 billion tokens on October 10
- —The figure had previously reached hundreds of billions of SHIB amid the sell-off
- —A positive netflow means more SHIB was sent to exchanges than withdrawn
- —SHIB price has returned to green, pointing to recovering demand
Why it matters: Easing exchange inflows may signal that the selling phase is winding down and sentiment on the meme token is turning.
Source: U.Today