Shiba Inu
Why Shiba Inu is down 1.0% in the last hour
Analysis
Shiba Inu (SHIB) slipped about 1.0% over the last hour as traders reacted to reports of a roughly 140 billion SHIB exchange outflow, which can affect near-term market liquidity and order-book conditions. The U.Today piece highlights the scale of the outflow and its potential liquidity implications, which may have contributed to short-term selling pressure and a modest pullback.
Contributing Factors (1)
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.
Move Details
Explanation Confidence
High confidence in the explanation based on source reliability and timing.