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Shiba Inu Exchange Netflow Plummets 97% Amid Overwhelming Sell-Pressure

Guavy AI Editorial Team
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SHIB FLOW OM ANT XCH
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Shiba Inu's exchange activity has flashed a bearish signal as its exchange netflow has declined by over 97% in just one day.

LATEST DATA FROM CRYPTOQUANT SHOWS THAT THE SHIBA INU EXCHANGE NETFLOW HAS DECLINED MASSIVELY BY OVER 97%

Although the asset is currently showing a daily increase of over 7%, the significant decline in exchange netflow suggests that traders have sent more tokens back to exchanges than they have withdrawn.

This implies that there has been an overwhelming sell-off pressure, outpacing demand seen during previous trading sessions.

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