+12,887.11% For Shiba Inu (SHIB)? This Metric Raises Eyebrows

Key Points

1. Shiba Inu (SHIB) experienced a 12,887% increase in outflows over the last 30 days, though the context suggests this may not be as revolutionary as it appears.

2. SHIB's price faced rejection at $0.0000125 and is currently near short-term support at $0.0000122, with declining trading volume and a weakening RSI.

3. Whale activity indicates a potential lack of confidence, with larger players exiting the market.

4. Outflow changes over 7- and 90-day periods were +58% and +34% respectively, showing movement but not as extreme as the 30-day spike.

5. The article questions the significance of the 12,887% outflow statistic, suggesting it may not reflect a major market shift.