Shiba Inu futures fund flows have plunged 67-fold in recent days, rapidly cooling investment demand around SHIB.

U.Today, a blockchain media outlet, reported on Nov. 8 that Coinglass data showed 10.39 million dollars flowed into the Shiba Inu futures market and 10.60 million dollars flowed out. Net fund flow was minus 207,230 dollars. The decline rate was 6,700.36 percent.

The key point is that leverage demand in the derivatives market has weakened. A 67-fold drop in futures fund flows is read as a signal that futures traders are reducing positions rather than maintaining or increasing SHIB exposure. The market sees this as reflecting weakened speculative sentiment, profit-taking and possible position unwinding in uncertain trading conditions.

SHIB prices have shown high volatility throughout the past week. SHIB rose at one point last week to 0.000004844 dollars, but then quickly slid as selling pressure strengthened across the broader cryptocurrency market. At the time, positions worth more than 1 billion dollars were liquidated, and SHIB fell 5 percent to 0.00000446 dollars.

Weaker risk appetite across altcoins has also been evident. CoinMarketCap's Altcoin Season Index fell to 44, its lowest level since September.

Still, futures fund flows are only an indicator of activity in the derivatives market and do not mean spot demand for SHIB itself. The price impact therefore depends on how well buying holds up in the spot market. The market sees the impact of the sharp drop in futures flows as potentially limited if buyers keep accumulating tokens and selling pressure is contained. If spot demand also weakens, downside pressure could grow.

The medium- to long-term trend is also not yet strong. SHIB entered a downtrend from early October 2026, and after a weak close in September, the likelihood has increased that it will fall for a sixth straight week on a weekly basis. On the weekly chart, a key resistance level was presented at 0.00000586 dollars, corresponding to the 50-week moving average. If declines continue, the next support zone is cited around 0.0000041 dollars.

Ultimately, the focus is whether Shiba Inu's price can offset the futures-market outflows with spot demand. When leveraged money is leaving, even a short-term rebound is unlikely to lead to a signal of a trend reversal. In this situation, SHIB is set to face a test of whether spot buying can be maintained before any recovery in the futures market.