UToday • October 11th 2026, 9:32 AM
Shiba Inu Market Signals Shift Away from Bearish Selling Pressure
Key Summary
CryptoQuant data shows bears are exiting the Shiba Inu market, with a 65 billion SHIB netflow indicating sellers have reduced significantly despite still holding a positive balance, signaling a potential recovery for the meme token.
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Market Signs of Recovery
The recent market drawdown has led to extremely bearish activity across major exchanges, but CryptoQuant data indicates that bears are gradually exiting the market. The Shiba Inu exchange netflow has eased from hundreds of billions to just 65 billion SHIB, reflecting a decrease in selling pressure.Key Indicators of a Potential Recovery
The slowdown in netflow and the return to green territory on the Shiba Inu price suggest that sentiment is flipping and demand may be returning to the ecosystem. This could indicate a major recovery if the momentum persists, with market analysts predicting a potential turnaround for the meme token.Risks and Uncertainty
Every investment and trading involves risk, and it is essential to perform thorough research before making decisions. U.Today does not recommend investing money you cannot afford to lose, and the opinions expressed by writers are their own and do not represent the views of U.Today.#ShibaInu#CryptoQuant#US#Crypto