Over the past 24 hours, 835 million Shiba Inu (SHIB) tokens flowed into exchanges, with net inflows reaching 112.71 billion.
According to U.Today, Shiba Inu (SHIB) exchange deposits have increased again, with average inflows surpassing the 800 million SHIB threshold, and the average single transaction volume approaching 835 million. The latest on-chain data shows total inflows of 287.59 billion SHIB and total outflows of 174.88 billion SHIB, resulting in a net inflow of 112.71 billion SHIB. A positive net inflow typically means more tokens are entering exchange-controlled wallets, potentially increasing the tradable supply and leading to selling pressure. However, the 7-day moving average of average exchange inflows has decreased by 36.54%, indicating that the overall inflow trend remains weaker than previous peaks, and this increase might only be a temporary rebound.
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Source:U.Today · Source Link
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