SHIB futures netflow plunged 306%, with outflows exceeding inflows as derivatives traders reduced their exposure to the meme token. Open interest in SHIB futures stands at $61.2 million, while $42,485 in SHIB positions were liquidated in the last 24 hours. SHIB's price has fallen about 54% over the past year and recently broke key support levels, raising concerns about further declines. The negative netflow signals traders are repositioning rather than accumulating, reflecting weak confidence in SHIB's near-term outlook.
Shiba Inu (SHIB) futures flow has declined sharply by 306% in the past 24 hours, with outflows exceeding inflows by $431,100. This suggests traders are pulling margin collateral and reducing leverage, possibly due to profit-taking or moving funds to ...
Dogecoin, Shiba Inu, and Pepe memecoins are experiencing a decline due to weakening speculative momentum. Dogecoin fell below key technical supports around $0.102, struggling to regain resistance near $0.105, signaling a possible deeper correction if...
Shiba Inu (SHIB) has seen a sharp increase in exchange outflows, with nearly 490 billion SHIB leaving trading platforms. This trend suggests that large holders are moving tokens to private wallets for self-custody, reducing short-term selling pressur...
Shiba Inu (SHIB) burned over 34 million tokens in the past week, yet its weekly burn rate declined by 79.28%, indicating a slowdown in token removal activity. Despite the large burn volume, the burn rate remains negative, with a slight 28.17% increas...
Shiba Inu (SHIB) has seen a sharp 61% drop in its bullish exchange outflow metric within the last 24 hours, indicating fewer tokens are being withdrawn from exchanges. This suggests traders and large holders are less aggressive in moving assets amid ...
