Shiba Inu Price Surges 7% as Netflow Drops Below 202 Billion Tokens
The Shiba Inu token has rebounded by over 7% in the last 24 hours, stabilizing around $0.000005103 per unit. This price surge comes as netflow across exchange platforms recorded a balance of -202,237,600,000 SHIB tokens on September 17, 2026.
The negative netflow exceeding 202 billion tokens is an approximate 5% contraction compared to the previous reading. According to CryptoQuant data, this figure indicates that the volume of assets transferred to private wallets significantly surpassed deposits sent for immediate liquidation, suggesting buying pressure has regained operational control following several days of volatility.
This rebound stands in contrast to the landscape observed just five days earlier, when a positive netflow of 241.877 billion SHIB triggered an immediate 0.45% correction due to selling pressure. Market analysts argue that the underlying performance of established cryptocurrencies can remain largely independent of isolated legislative roadblocks in Washington.