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Shiba Inu's Selling Pressure Eases as Exchange Netflow Drops to 65 Billion SHIB
According to crypto analytics platform CryptoQuant, Shiba Inu's exchange netflow has decreased from hundreds of billions to 65 billion SHIB as of Saturday, October 10. While netflow remains positive, indicating continued bearish dominance, the significant slowdown suggests a reduction in sellers. Following this, SHIB's price has also returned to green territory, signaling a potential shift in sentiment and returning demand.
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Disclaimer: This content reflects the author's personal views only and does not constitute investment advice.
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