Shiba Inu
Why Shiba Inu is down 4.2% today
Analysis
Shiba Inu (SHIB) fell 4.2% over the past 24 hours as large outflows highlighted continued selling pressure and risk-off positioning. U.Today reported “ETF flows” showing a net -207,000,000,000 SHIB over 24 hours, even as exchange-related metrics were described as “getting better,” suggesting sentiment remains cautious despite some improvement in exchange dynamics.
Contributing Factors (1)
-207,000,000,000 Shiba Inu (SHIB) in 24 Hours, But It's Getting Better on Exchanges
The market situation is getting worse for Shiba Inu, but at least exchange pressure is descending.
Move Details
Explanation Confidence
High confidence in the explanation based on source reliability and timing.