Shiba Inu's Bullish Trend Halted Amidst Rising Selling Pressure
Shiba Inu's Bullish Trend Halted Amidst Rising Selling Pressure
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On-chain data reveals that Shiba Inu (SHIB) has suspended its recent bullish momentum, with a significant netflow of 69 billion SHIB tokens exiting exchanges. This indicates a resurgence of selling pressure from traders, moving tokens out of exchange platforms.
Shiba Inu Netflow Exits Bullish Zone With 69 Billion SHIB but Price Says Otherwise
Shiba Inu has suspended its recent bullish trend as onchain activity shows that selling pressure is rising again and traders are rapidly moving tokens out of exchanges.