Shiba Inu Sees Negative Netflow, Positive Open Interest Amid Ongoing Price Dip

Shiba Inu's exchange netflow has gone extremely negative despite the weak price trend, indicating growing demand from retail and institutional traders. The metric has come after multiple days of bearish signals, and a negative netflow is typically a sign of increasing demand. The Shiba Inu open interest has also flipped positive, surging by 2.24% as over 10.09 trillion SHIB have been staked in active contracts.