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Crypto

Shiba Inu Futures Surge but Actual Impact Minimal

Instruments
SHIB
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Shiba Inu's futures market has seen a significant surge in net flow, increasing by a staggering 3,402% in a brief period. However, this large percentage increase is not due to a massive capital influx but rather a result of the calculation method used.

The actual net inflow was relatively small, amounting to $268,670, which constitutes just 0.01% of SHIB's market cap. This modest figure has had little impact on the price, which dropped by 3.6% in a day.

Looking at longer time frames, the futures flows appear mixed, and spot trading confirms that there is no major capital rotation occurring. Technical resistance remains, and current momentum suggests that no significant price breakout is imminent, despite the futures spike.

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