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Shiba Inu futures demand drops 306% as spot holders withdraw 490B tokens amid price battle

Market News
26 May 2026
AMBCrypto
View Source
Neutral
pluang ai news

Shiba Inu (SHIB) saw a 2% price drop with futures demand plunging over 306% as traders reduced leverage exposure, leading to a net outflow of $430K in futures. Meanwhile, spot traders accumulated nearly 490 billion SHIB tokens by withdrawing them from exchanges like Coinbase and Binance, signaling confidence despite the downtrend. This tug-of-war between derivative and spot traders has kept SHIB's price range-bound between $0.0000056 and $0.00000677. The future price direction depends on whether spot buying continues or futures demand rebounds.

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