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Shiba Inu netflow drops 38 billion, signaling rising selling pressure and bearish trend.

Technical Signals
17 Jul 2026
UToday
View Source
Bearish
pluang ai news

Shiba Inu's exchange netflow has declined by about 3%, or 38.6 billion SHIB tokens, indicating increased selling pressure as traders dump more tokens than they buy. This shift coincides with a sharp price drop from $0.000004234 to $0.000004083 within 24 hours, reflecting weakening investor interest amid a broader crypto market downturn. The negative netflow and price decline suggest a bearish outlook for Shiba Inu, with potential further downside in the short term despite hopes for a positive close in July.

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