Markets· ★★· bearish·

Shiba Inu Returns to 200-Day Average as Exchange Inflows Hit 1.1B SHIB

  • —Average SHIB exchange inflows rose 1.98% in 24 hours to roughly 1.1 billion tokens
  • —Top 10 inflow transactions totaled about 5.4 billion SHIB
  • —Outflows are also climbing: average +2.24%, top 10 +2.14%, netflow stays negative
  • —SHIB trades near $0.00000568, with the 200-day average at $0.0000056–$0.0000057 as key support
Why it matters: Holding the 200-day average keeps the September breakout alive; a clear break below opens the way to $0.0000051–$0.0000052.
#SHIB
Source: U.Today
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