Shiba Inu
Why Shiba Inu is down 13.3% today
Analysis
Shiba Inu (SHIB) fell 13.3% over the past 24 hours as traders reacted to a large SHIB-linked flow highlighted as a bearish signal, with U.Today reporting 332,497,400,000 SHIB in ETF flows that raised near-term downside concerns. Additional pressure came as SHIB revisited the 82,000,000,000,000 threshold discussed by U.Today, suggesting a fragile technical setup that can amplify selling during risk-off moves.
Contributing Factors (2)
332,497,400,000 SHIB Flash Bearish Signal: How Long Until Shiba Inu Recovers?
Shiba Inu has seen traders sell more tokens than they have purchased over the past day, suggesting that demand is visibly on hold amid growing market uncertainty.
Shiba Inu's 82,000,000,000,000 Threshold Is Back: SHIB on the Verge
Shiba Inu is back at the massive threshold that usually precedes serious price downfalls.
Move Details
Explanation Confidence
High confidence in the explanation based on source reliability and timing.