Crypto

Shiba Inu Price Rally Stalls as 261B Tokens Flood Exchanges

Guavy AI Editorial Team Published August 28, 2026

Instruments

SHIB

Shiba Inu's recent price rally has stalled, and the token is now at risk of losing its key $0.000005 level.

The SHIB netflow data from CryptoQuant shows a significant increase in selling pressure, with over 261 billion tokens moving out of exchanges into the market.

This surge in sell orders could indicate that investors are taking profits following the recent price gains, providing a bearish outlook for the leading meme token.

The Wire

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