Shiba Inu Faces Fresh Selling Pressure as Bulls Lose Steam

Shiba Inu is hitting a rough patch after a period of price growth. Data shows a significant netflow of 38 billion tokens, signaling that investors are moving their holdings back onto exchanges. This shift suggests that the bullish run seen over the past few weeks is losing its initial strength.

When large amounts of a token move to exchanges, it usually means that holders are preparing to sell. This influx of supply creates downward pressure on the price, making it harder for the bulls to maintain support levels. Investors are watching closely to see if this trend will lead to a deeper correction or if buying interest can stabilize the token.

For now, the market is cautious. Traders should monitor exchange flows and key support levels to see if the current selling trend persists. If the volume continues to favor outflows, the token may struggle to regain its recent highs in the short term.