SHIB Futures Netflows Soar 1,549% as Price Slides and Short Squeeze Risk Emerges

Shiba Inu futures recorded a 1,549.47% jump in netflows over the last 24 hours, with inflows of $14.25 million and outflows of $13.80 million, signaling traders are actively adjusting positions. During the same period, SHIB slipped 2.66% to $0.00000592 amid broad market liquidations, while on‑chain indicators and a neutral daily RSI suggest a potential short squeeze if buyers can push the price above the $0.00000627 resistance aligned with the daily 50‑day moving average.