Shiba Inu Exchange Flows Stabilize as Bears Lose Momentum

Shiba Inu's recent wave of selling pressure may be waning as exchange-flow data and daily price structure begin to stabilize. The number of tokens deposited on exchanges is increasing, with a net inflow of around $115 billion in SHIB over the last day.

The average exchange inflow has risen to approximately 1.13 billion SHIB per transaction, which would typically be cause for concern due to the ease with which deposited tokens are sold. However, SHIB's price no longer reacts to these flows with the same level of weakness as it did previously.

Shiba Inu briefly dropped below $0.00000480 before rising to around $0.00000537, and since then, it has risen above the shorter-term moving averages at $0.00000500-$0.00000520. This may indicate seller fatigue as the market absorbs high exchange inflows without a sustained breakdown.