Shiba Inu Market Update: Positive Signs Amid Net Outflows

According to recent data from CoinGlass, Shiba Inu's spot flow reveals a significant shift in investor sentiment. Despite a 129% move towards net outflows, this may not be as concerning as it seems.

The negative net flow could indicate buying pressure or accumulation, which is a positive sign for the cryptocurrency market.

Shiba Inu's price has reversed its three-day drop and has been rising steadily. The coin's open interest has also risen by nearly 8% in the last 24 hours to $78.79 million.