Shiba Inu Exchange Netflow Drops 97% Amid Price Rally
Shiba Inu's exchange netflow has seen a significant drop of over 97%, indicating strong sell pressure despite its recent price rally. The token saw more than 226 billion SHIB tokens flow back to exchanges, which is a bearish signal that contrasts with the recent price movement.
This divergence between trader behavior and price movement suggests that traders are offloading tokens faster than demand can absorb, yet the price remains resilient. This dynamic hints at potential volatility ahead for investors.