Shiba Inu’s 1,549% Spike: Can Bulls Take Control Again And Trigger An Explosive Rally?

Shiba Inu (SHIB) has experienced a sudden increase in futures net flows, skyrocketing more than 1,549% in one day. The spike comes amid broader market volatility and negative sentiment, which has pushed SHIB’s price to record lows. Despite the ongoing downtrend, the recent increase in net flows signals growing activity among derivative traders. Additionally, this pattern may indicate potential support for a strong bullish trend if the latest inflows translate into sustained buying activity. Shiba Inu Sees Massive Surge In Net Flows The Shiba Inu ecosystem has seen a dramatic shift in its futures market, with net flows surging by an astonishing 1,549.47%, according to CoinGlass data. The sharp increase reflects a notable but brief change in trader behavior, with more capital flowing into SHIB futures contracts than exiting them over 24 hours. Related Reading: Shiba Inu Whales Are On The Move Again, But In What Direction? Notably, on-chain data shows inflows of $14.52 million and outflow