Shiba Inu ($SHIB) futures recorded $10.39 million in inflows and $10.60 million in outflows over a three-day period, according to Coinglass data. The result is a net futures flow of -$207,230, a decline of 6,700.36% — equivalent to a 67x drop.

The sharp contraction suggests derivatives traders are pulling back on $SHIB exposure in a big way rather than holding or adding leveraged positions. Such a move can signal weaker speculative interest, profit-taking, or traders exiting positions amid unclear market conditions. Because futures are leveraged contracts that let traders bet on price swings without owning the underlying tokens, shifts in net flow are widely used as a read on how much speculative leverage is flowing into an asset.

Volatile Week for SHIB Price

Shiba Inu's price has been volatile during the week. The dog-themed token moved from Tuesday to Wednesday to hit $0.000004844. A sharp plunge amid Thursday's market selloff, in which more than $1 billion in crypto positions were liquidated, took the $SHIB price down 5% to a low of $0.00000446 before it slightly rebounded. On Saturday, the token traded to a low of $0.00000455 amid crypto market volatility.

The market crash triggered massive profit-taking, causing the 67x fall in Shiba Inu's futures flow. Speculative sentiment is also dropping across the market: CoinMarketCap's altcoin season index stands at 44 out of 100, its lowest point since September. The index reflects the share of top altcoins that have outperformed Bitcoin over the trailing 90 days, so a reading of 44 means fewer than half managed to do so.

What This Means for SHIB Price

Futures flow measures activity in the derivatives market, not demand for $SHIB in the spot market. The steep drop could indicate that traders are moving away from leveraged bets, partly due to the uncertainty in the markets right now.

The impact on $SHIB's price will partly depend on whether spot market demand can offset the fall in futures flow. If buyers keep purchasing tokens and selling pressure is kept at bay, the decline may not have much effect on the price.

$SHIB started to decline in early October 2026 and is on track for a sixth consecutive week of losses after closing lower in September. On the weekly chart, the major resistance for $SHIB is $0.00000586, corresponding to the 50-week moving average (50 WMA). If the price continues to go down, support can be found at $0.0000041. The coming weekly close will confirm whether the sixth straight weekly loss materializes, while Coinglass' flow data and the altcoin season index offer ways to track whether leveraged interest and broader speculative appetite rebuild.

Original report via U.Today: Shiba Inu Futures Flow Plunges 67x in Days: What Does This Mean for SHIB Price?. Source: CryptoNewsNet.