Shiba Inu exchange outflows turn bullish as netflow falls 40.5 billion SHIB

  • Shiba Inu’s exchange netflow turned negative after several days of positive balances.
  • -40,506,300,000 SHIB was recorded in exchange netflow over the last 24 hours.
  • Shiba Inu has traded above $0.000005 since its major breakout in mid-August.

Shiba Inu’s exchange netflow (the difference between tokens entering and leaving exchanges) turned negative at -40,506,300,000 SHIB over the last 24 hours, reversing several days of large positive balances. The shift suggests that more tokens were moved off exchanges than sold, indicating renewed investor demand for the meme token, although it does not guarantee an immediate price rally. Shiba Inu has traded above $0.000005 since its major breakout in mid-August, and analysts say sustained momentum could help it reclaim and hold above $0.000006.

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