Shiba Inu Futures Flow Plunges 67x in Days: What Does This Mean for SHIB Price?
Shiba Inu futures saw a 6,700.36% decline in net flow, dropping to -$207,230 over three days as the token's price fell 5%.
Shiba Inu futures experienced a dramatic 6,700.36% decline in net flow, dropping to -$207,230 over a three-day period according to Coinglass data. This represents a significant reduction in speculative activity surrounding the dog-themed cryptocurrency.
The token's price has been volatile, hitting $0.000004844 on Wednesday before plunging 5% to $0.00000446 on Thursday amid a market selloff that liquidated over $1 billion in crypto positions. SHIB later traded at $0.00000455 on Saturday as market volatility continued.
Futures Flow Decline
SHIB futures flows are down 67x, suggesting futures traders are significantly reducing their exposure to Shiba Inu. This substantial drop indicates weaker speculative interest, profit-taking, or traders exiting positions amid unclear market conditions.
The market crash triggered massive profit-taking, causing a 67x fall in Shiba Inu's futures flow.
Price Impact
Futures flow measures derivatives market activity, not spot market demand. The sharp decline could indicate traders moving away from leveraged bets due to market uncertainty. SHIB's price impact will depend on whether spot market demand can offset the reduced futures activity.
SHIB has been declining since early October 2026 and is facing a sixth consecutive week of losses. The token's major resistance is at $0.00000586 (50 WMA), with potential support at $0.0000041 if the downtrend continues.
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