65 Billion SHIB in 24 Hours: Shiba Inu Selling Pressure Is Fading
Shiba Inu (SHIB) exchange activity shows reduced selling pressure, with netflow decreasing to 65 billion SHIB. Despite bearish dominance, price has turned positive, suggesting potential recovery. According to CryptoQuant, traders are exiting the market.
How this was made

The 30-second read
Why it matters
The easing of netflows suggests a short‑term reduction in bearish pressure, but overall market sentiment remains fragile.
Market read
SHIB's reduced outflows may provide a modest price boost, but broader crypto market conditions dominate.
What to watch
Potential for renewed sell pressure if broader crypto market declines again.
Background
SHIB has been under heavy sell pressure after a broad crypto market drawdown. The latest data shows a slowdown in outflows.
Ticker impact
CryptoQuant reports SHIB netflow easing to +65 billion tokens, indicating reduced sell‑off pressure.
likely modest upside as bearish pressure fades
Netflow data shows a significant drop in sell‑side activity, a concrete catalyst for price support.
Market effects
Reduced bearish flow may lift sentiment across meme‑coin sector.
Global crypto markets may see slight positive bias.
Limited to crypto investors; no broader market effect.
Counterpoint
Netflow could be temporary; underlying demand remains weak.
Key entities
- analytics platformCryptoQuant
Provides on‑chain data and netflow metrics for cryptocurrencies.




