- Shiba Inu exchange netflow stands at -118,611,500,000 SHIB
- Whereâs SHIB headed?
As the broad crypto market begins to show signs of a potential resurgence, popular dog-themed meme asset Shiba Inu appears to be taking the lead, with gains of nearly 4% over the last day.
Amid the positive price move, the latest Shiba Inu exchange movements signal growing confidence among investors as demand continues to heighten.
As of Dec. 25, Shiba Inu exchange movements appear to be trailing in favor of the asset’s continued rally amid the celebration of Christmas.
Shiba Inu exchange netflow stands at -118,611,500,000 SHIB
According to data from crypto analytics platform CryptoQuant, Shiba Inu’s netflow across all supported cryptocurrency exchanges is sitting at -118,611,500,000 SHIB on Thursday.
Notably, the metric represents the difference between Shiba Inu exchange inflows and outflows, indicating that the amount of SHIB tokens scooped out of exchanges in major buying activities is greater than tokens returned to the exchanges for selling purposes.
Thus, traders are willing to buy more SHIB tokens as the sudden shift in market sentiment witnessed during the last trading session has restored momentum to the Shiba Inu ecosystem.
With Shiba Inu moving from the low $0.000006992 it recorded yesterday, it is now trading at $0.000007238 as of press time, according to data from CoinMarketCap, many small and large SHIB holders are showing no interest in selling off their holdings amid renewed market interest.
![Article image]()
Source: TradingView ## Where’s SHIB headed?
Although negative SHIB netflows like this are often interpreted as bullish signals, reflecting increasing interest and demand for retail and institutional investors, they do not immediately influence the price of the asset.
While Shiba Inu has continued to fail on its recent rebound attempts, it is not certain if the case would be different this time. However, a steady increase in the SHIB exchange inflows against its outflows could propel the price for a sustainable rally, which could help the asset conclude the year on a positive note.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Shiba Inu Open Interest Surges 13.45% in 24 Hours as Futures Activity Accelerates
SHIB open interest rose 13.45% to $69.79M with price up ~3% to $0.000006231. Futures inflows higher; volumes surged. Technicals show 50-day MA support, RSI 55, MACD bullish; potential move beyond 0.000010.
Abstract: This report reviews SHIB market activity on Gate News as of April 22. SHIB open interest rose 13.45% to $69.79 million, with the price up about 3% to $0.000006231. Futures inflows exceeded outflows and total volumes rose, while spot and futures taker data showed mixed biases. Technically SHIB found support near the 50-day MA, RSI sits at 55, and the MACD turned positive, signaling a potential breakout and a possible rally beyond the $0.000010 level after a confirmed channel breakout.
GateNews8h ago
Shiba Inu Breakout Gains Strength as Volume Surges
Key Insights
Shiba Inu’s breakout above the triangle pattern gains strength as rising volume and higher lows confirm growing demand and a sustained bullish market structure shift.
Derivatives activity jumps significantly with volume surpassing $249 million while open interest rises,
CryptoNewsLand9h ago
SHIB Struggles to Recover as Fresh Developments Fail to Lift Price Action
SHIB trading activity rises, but price stays trapped in a tight consolidation range.
Whale accumulation increases while some long-term holders, including Aoki, exit positions.
Strong derivatives volume and inflows fail
CryptoNewsLand21h ago
SHIB Struggles to Recover as Fresh Developments Fail to Lift Price Action
SHIB trading activity rises, but price stays trapped in a tight consolidation range.
Whale accumulation increases while some long-term holders, including Aoki, exit positions.
Strong derivatives volume and inflows fail
CryptoNewsLand21h ago
Shiba Inu Breakout Gains Strength as Volume Surges
Key Insights
Shiba Inu’s breakout above the triangle pattern gains strength as rising volume and higher lows confirm growing demand and a sustained bullish market structure shift.
Derivatives activity jumps significantly with volume surpassing $249 million while open interest rises,
CryptoNewsLand04-21 17:45
Shiba Inu Sees 82.5B Token Outflow as Market Structure Shifts
Key Insights
Shiba Inu saw 82.5 billion tokens exit exchanges within 24 hours, signaling reduced supply pressure and increasing accumulation behavior among larger holders.
Exchange net flows remain positive as inflows persist, yet rising outflows suggest a gradual balance forming between
CryptoNewsLand04-21 17:41
