Shiba Inu Exchange Netflow Soars 208% as SHIB Price Volatility and Sell Pressure Intensify
Shiba Inu's exchange netflow jumped 208% in the last 24 hours, indicating a wave of deposits that may precede increased selling. SHIB has lost more than 53% year-to-date and remains down 10.7% over the past month, while a recent golden cross and 17% weekly gain face pressure from renewed volatility. The token trades at $0.000006046 with a 6.73% drop in 24-hour volume to $149.91 million, as a 63% weekend spike in burn rate above four million SHIB has yet to secure a sustained recovery.