$SHIB 🐕 SHIB Spot Flows Explode: 1,546% Surge Amid Market Chaos! 📉
The Shiba Inu ecosystem is flashing high-voltage signals today! While the price struggles in a sea of red, the "behind-the-scenes" data tells a much more intense story. Here’s what you need to know:
📊 The Numbers You Can't Ignore
According to latest data, SHIB spot inflows have skyrocketed by a staggering 1,546% in just 24 hours.
Spot Inflows: $12.43M (Moving to exchanges 📥)
Spot Outflows: $11.99M (Moving to cold storage 📤)
Net Result: A slight dominance of inflows, suggesting that more holders are preparing to trade or sell.
🏛️ Why is the Price in the Red?
Despite the surge in activity, SHIB is caught in a macro-market storm. A broader sell-off has triggered over $714 Million in total liquidations across the crypto market, primarily wiping out long positions.
Current Price Action: SHIB is currently testing a critical "make-or-break" support zone near $0.0000063 - $0.0000065.
Resistance: Bulls need to reclaim the $0.0000078 level to shift the momentum.
🔍 Market Sentiment
With Bitcoin hovering near the $62k mark and meme coins facing a high-volatility "risk-off" environment, SHIB's high flow volume indicates that a major move is brewing. Whether this is a capitulation bottom or the start of a deeper slide depends on how well the support levels hold.
⚠️ Disclaimer: Crypto trading involves high risk. Always do your own research (DYOR) before making any investment decisions.
What’s your move? Are you 💎 Diamond-Handing the dip or waiting for a clearer trend? Let comments! 👇
