Shiba Inu is showing signs of a potential recovery after several days of sharp price corrections, as the broader crypto market faces increasing selling pressure. According to CryptoQuant, exchange netflow fell by about 1.37% over the past day to -114.6474 billion SHIB. The negative balance indicates that SHIB outflows for buying purposes substantially exceeded inflows intended for selling over the last 24 hours. The price remains slow and volatile, but its hourly performance has turned positive, signaling a gradual return of bullish momentum.
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