Exchange Ranking
Top Exchanges
24h Volume Ranking
Popularity Ranking
Exchange BTC Balance
Proof of Reserves
Decentralized Exchanges
Funding Rate
Funding Heatmap
Liquidation Data
Max Pain
Long/Short Ratio
Whale L/S Ratio
Binance/Okex/Huobi L/S
Bitfinex Margin L/S
ETF Tracker
Solana ETF
XRP ETF
Hong Kong ETF
Bitcoin Treasuries
Crypto Reversal
Ethereum Reserves
HyperLiquid Wallet Analysis
Hyperliquid Whale Watch
Large Transactions
On-chain Movement
Bitcoin ROI
Stablecoin Market Cap
Options Analysis
News
Articles
Economic Calendar
Features
Wallet
Contract Calculator
Security
Collections
Watchlist
Following
SHIB Shiba Inu rebounded against the trend and returned to the rising channel despite bearish indicators.
Shiba Inu surged 10% in 24 hours to US$0.000004566, far exceeding market expectations. Although on-chain data shows increasing selling pressure, this strong recovery still makes traders and enthusiasts curious and explore the market dynamics behind it.
What does negative net exchange flow mean?
According to a report from the well-known analysis platform CryptoQuant, the exchange activity of Shiba Inu coins has recently changed. A net flow indicator, which measures the balance of tokens in and out of exchanges, turned negative as up to 69 billion SHIBs were deposited on exchanges for sale, signaling intensified selling activity and a possible weakening of the market.
Generally, an increase in net exchange traffic signals an increase in willingness to sell, which in turn leads to a decline in market prices. This situation often poses a challenge to the price stability of any cryptocurrency, especially assets such as Shiba Inu, which are known for their volatility.
Can prices be stable?
Interestingly, the price of Shiba Inu rebounded against the trend. Although the influx of SHIBs on exchanges could signal future price declines, aggressive buying emerged in the market, offsetting growing supply. This phenomenon highlights the short-term disconnect between intensified selling activity and SHIB price performance.
In the past 24 hours, the abnormal trend of Shiba Inu has attracted widespread attention-its price has increased by more than 10%, breaking the typical market rule during periods of negative net flow.
Despite the surge in selling activity, Shiba Inu recovered to US$0.00004566, and buyers quickly absorbed the increase in supply and supported prices above key levels.
These developments attracted the attention of traders, prompting them to assess whether SHIB could maintain its upward momentum despite continued selling pressure.
The price of Shiba Inu hit US$0.00004566, an increase of 10%.
Net exchange traffic soared, and 69,237.4 million SHIBs were transferred to the exchange, indicating bearish sentiment.
Abnormal market activity suggests that SHIB may continue to fluctuate.
Shiba Inu's performance in bucking the trend in bearish net flow is worthy of attention. By demonstrating resilience to downward trends, SHIB has consolidated its important position in the cryptocurrency market and attracted the attention of traders seeking to leverage its dynamic changes to reap profits.
