Shiba Inu
Why Shiba Inu is up 1.2% in the last hour
Analysis
Shiba Inu (SHIB) rose about 1.2% over the past hour as traders reacted to signs of improving flows, with U.Today reporting that a 38 billion SHIB netflow reversal flipped the prior bearish trend back toward bullish. Additional attention on SHIB’s large custodial holdings—highlighted by U.Today’s note that Robinhood holds 39.27 trillion SHIB—likely supported near-term sentiment by underscoring continued major-platform exposure.
Contributing Factors (2)
38 Billion Shiba Inu Netflow Reverts Bullish Trend
Shiba Inu begins to face renewed pressure as bulls appear to be slowing down, causing its selling pressure to rise again.
39.27 Trillion SHIB on Robinhood, So Who Holds More?
Robinhood sitting on 39.27 trillion SHIB, but one wallet stands above all.
Move Details
Explanation Confidence
High confidence in the explanation based on source reliability and timing.