Shiba Inu's recent exchange activity showed high selling pressure amid market volatility, but data from CryptoQuant reveals this pressure is easing. The netflow of SHIB tokens to exchanges has decreased from hundreds of billions to about 65 billion, indicating fewer sellers. This shift coincides with Shiba Inu's price moving back into positive territory, suggesting improving market sentiment and potential for a price recovery if the trend continues.
Shiba Inu trades at Rp0.0966 on Pluang with a market cap of Rp56.87 trillion as of Oct 11, 2026 16:51 WIB. Despite the article noting a decrease in selling pressure to about 65 billion SHIB tokens, on Pluang the price shows a 1-day decline of 1.23% and order activity leans 41% Sell to 59% Buy. This suggests mixed sentiment among investors even as exchange outflows ease.
Shiba Inu (SHIB) experienced a net outflow of about 27.3 billion coins from exchanges in the last 24 hours, indicating more holders are withdrawing rather than selling. The price is currently near $0.00000541, with key resistance at $0.00000560 and s...
Shiba Inu (SHIB) experienced a significant trading volume of 1.34 billion SHIB within 24 hours, following a market-wide downturn that wiped out over $1 billion in leveraged positions. This surge in volume reflects a mix of forced selling and dip buyi...
Shiba Inu (SHIB) recorded zero tokens sent to burn addresses in the latest 24-hour period, valued at $0. However, token burns continued over longer periods, with 401 million SHIB burned in the past seven days and over 707 million in the past 30 days....
Shiba Inu experienced a rare halt in its token-burning activity, with zero SHIB tokens burned over a 24-hour period, marking a 100% collapse in the burn rate. This contrasts sharply with the previous day when over 91 million SHIB were burned. The pau...
Crypto markets experienced a deeper correction on October 9, with Zcash and Ether showing significant downside risks. Zcash traded around $1,190, close to a critical support level of $1,180, while Ether hovered near $2,525, just above its main suppor...
