Binance Announces 24/7 FX Perpetuals With USD/BRL Contract Set For September 21
Read the latest update on Binance Announces 24/7 FX Perpetuals With USD/BRL Contract Set For September 21.
Shiba Inu is seeing a major price rally with its price showing massive daily gains. However, its exchange activity suggests that the rally may be short-lived.
144 Billion SHIB Netflow Sends Warning Amid 5% Price Rally
Sun, 20/09/2026 – 22:30
Shiba Inu is seeing a major price rally with its price showing massive daily gains. However, its exchange activity suggests that the rally may be short-lived.
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Shiba Inu is up by over 5% over the last 24 hours as momentum begins to shift following the broader crypto market resurgence seen in the last day.
While the asset has reclaimed its previous high, trading back above $0.0000055, the positive momentum may not have been backed by increasing demand over the stated period.
Rather than the usual decrease in exchange netflow that is often noticed on days when the market is seeing a price rally, the Shiba Inu exchange netflow has only increased this time.
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According to the latest onchain data provided by crypto analytics platform CryptoQuant, Shiba Inu has witnessed a modest increase in its netflow over the last 24 hours, currently sitting at around 144,869,700,000 SHIB as of September 19.
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Sat, 09/19/2026 – 14:21
SHIB to $0.000006? Shiba Inu Golden Cross Completes With One Hurdle Left
Unlike what it may look like, the positive balance in the SHIB netflow does not provide a bullish outlook for the asset, as it simply indicates that sellers are currently dominating the Shiba Inu market.
This means that the number of SHIB tokens sent to exchanges for a potential sell-off attempt is substantially higher than the amount of SHIB outflows targeted for buying by over 144 billion SHIB.
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While Shiba Inu has long traded around the $0.000005 mark following the consistent market volatility seen in the previous months, traders have become highly optimistic about its breakout to the next major level.
The sharp price rally has stirred confidence that Shiba Inu might be on track to breaking recent resistance and soar far above $0.000006, especially after it surged by over 5% over the last day.
Nonetheless, analysts predict that the rally may be short-lived following the major divergence in its exchange activity, which suggests that the rally might not be backed by enough demand.
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#Shiba Inu (SHIB) Price Prediction
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Read the latest update on Binance Announces 24/7 FX Perpetuals With USD/BRL Contract Set For September 21.
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