Shiba Inu
Why Shiba Inu is down 1.1% in the last hour
Analysis
Shiba Inu (SHIB) slipped 1.1% over the past hour as traders digested mixed flow and derivatives signals highlighted in U.Today’s ETF Flows coverage. While a reported 140B SHIB exchange outflow points to shifting liquidity dynamics, U.Today also noted a surge in SHIB open interest versus BTC and XRP—often coinciding with short-term volatility as positioning adjusts.
Contributing Factors (3)
Shiba Inu's 140 Billion SHIB Exchange Outflow: Implications for Market Liquidity
Shiba Inu is seeing some serious outflows, but it might not be enough to ease up the pressure.
Shiba Inu Open Interest Surges Against Bitcoin and XRP
Shiba Inu moves against broad futures market trend that saw Bitcoin, XRP and other leading cryptocurrencies record notable declines in open interest.
Shiba Inu's Shytoshi Kusama to Reveal Independent Project on Valentine's Day
Shiba Inu lead ambassador Shytoshi Kusama teases discussions on identity and legacy, including that of AI scheduled for this date.
Move Details
Explanation Confidence
High confidence in the explanation based on source reliability and timing.