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Shiba Inu (SHIB) Adds 440% in Long-Term Spot Flows, Though Short-Term Picture Is Worrying
Shiba Inu's overall improvement on the spot market is followed by a substantial decrease in short-term support.
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🚨 While the eight-hour spot net inflow in Shiba Inu increased by 440.65%, short-term flows turned negative. 📉 In the last hour, outflows of $247,370 on the $SHIB side exceeded inflows of $211,140. 📊 Net outflows were seen in most timeframes in futures, with the 12-hour data falling to minus $433,240. 🧭 The price fell below the long-term average around $0.00000565, erasing part of the September recovery. Read More: Short-term outflows increas…
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