shiba inu netflow surge - Shiba Inu Faces Selling Pressure as Exchange Deposits Surge 208%
Shiba Inu is under fresh pressure. Exchange netflow data from CoinGlass shows a 208% surge in deposits over the last 24 hours. This sharp increase suggests a potential wave of sell-offs that could undermine any recent price recovery.
Positive exchange netflow means traders are moving tokens onto platforms in preparation to sell. For SHIB, this is a bearish signal. The meme coin is trading at $0.00000608, down 1.24% over the past 24 hours. Trading volume has also declined by 6.73%, settling