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Shiba Inu trading activity suddenly surged 37%, bulls take control.

CoinNetwork
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CoinWorld news, Shiba Inu’s trading activity surged 37% in the past 24 hours, indicating that bulls are in control. As the crypto market recovers, Shiba Inu has once again attracted investors’ attention. According to data provided by CryptoQuant, Shiba Inu’s net exchange inflow has risen sharply within the past 24 hours, showing a clear increase in investors’ buying interest in the asset. The data shows that over the past 24 hours, the number of Shiba Inu tokens leaving exchanges to be used for purchases was 62,807,380,000 more than the number flowing in. Although traders have remained cautious about this leading meme token in recent weeks, the spike in net exchange inflows suggests a sudden shift in investor sentiment. Shiba Inu’s price has also rebounded significantly; it is currently trading at approximately $0.000004463. The price rise aligns with positive network activity, indicating that Shiba Inu is currently in demand and may see greater price volatility.
SHIB0.63%
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AMirroredSphereReflectingThe
· 5h ago
Exchange net inflows increased but net outflows were even larger, indicating that some are buying while others are hoarding, showing significant divergence.
View OriginalReply0
ProofOfVibes
· 5h ago
0.000004463 at this price, drop a few more zeros and it will truly become the meme of memes.
View OriginalReply0
HalfLifeHodler
· 6h ago
This net outflow of over 6 billion looks scary, but buying interest has indeed increased. It feels like whales are secretly accumulating?
View OriginalReply0
OnchainComplainer
· 6h ago
Shib's 37% trading volume spike, with network activity keeping up, will inevitably bring short-term volatility.
View OriginalReply0

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