Shiba Inu
Why Shiba Inu is down 1.0% in the last hour
Analysis
Shiba Inu (SHIB) slipped about 1.0% over the past hour despite a generally constructive on-chain signal reported by U.Today, which noted ETF-related flows turning positive for 26.47B SHIB and a key metric suggesting a potential resurgence. The short-term dip likely reflects near-term volatility or profit-taking even as those flow metrics improved, meaning the bullish data hasn’t translated into immediate price support within this 1-hour window.
Contributing Factors (1)
26,470,900,000 SHIB Turn Positive as Key Metric Signals Resurgence
Shiba Inu's exchange flow has finally turned bullish again after multiple days of signaling rising selling pressure amid the broad crypto market downturn.
Move Details
Explanation Confidence
Moderate confidence. Multiple factors may be contributing.