Oh, gather round, dear readers! A curious tale has emerged from the wacky world of Shiba Inu-yes, that delightful little doggy coin that’s taken the internet by storm! According to the ever-so-reliable CoinGlass (who are they, you ask? Just the folks who happen to have a crystal ball for crypto!), our furry friend has seen a whopping 129% shift towards net outflows. How thrilling!
Now, hold onto your hats-we’re talking about $6.24 million scampering out of Shiba Inu’s piggy bank, while only $6.14 million decided to waltz in. The difference? A mere $101,700, resulting in a rather dramatic negative netflow change. But fear not! This could be a sign of secret buying shenanigans or a sneaky accumulation party happening behind the scenes!
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But wait, there’s more! After a rather gloomy three-day slump from February 17 to 19, where Shiba Inu found itself moping around at $0.00000612, our brave little pup has decided to rise again! Yes, indeed! It bounced back and reached a dazzling intraday high of $0.00000662 on Saturday. Hip hip hooray!
At the time of this scribbling, Shiba Inu was feeling quite cheery, up 4.80% in the last 24 hours to a sprightly $0.000006493. And guess what? It’s even managed to reverse its weekly losses, strutting around with a 0.41% increase over the past seven days, according to those clever folks at CoinMarketCap!
Shiba Inu open interest rises 8%
Now, let’s delve into the mysterious realm of futures! Our trusty spot flow tool is here to reveal whether the futures market is throwing a party or having a snooze fest. With Shiba Inu’s open interest bouncing up nearly 8% in just 24 hours to a whopping $78.79 million, it seems like the party might be getting started!
But wait! If prices are climbing while the spot flow remains negative, it could be a wild goose chase driven by derivatives or leverage. Quick! Someone grab the popcorn!
What’s next for SHIB price?
Shiba Inu has been playing a game of ‘sideways shuffle’ between $0.00000508 and $0.00000724 since the start of February. The daily RSI, just a tad shy of 50, hints that this sideways jig might linger a little longer before we either break out like confetti or break down like a sad balloon.
Watch out for the first hurdle at the $0.00000724 high, followed closely by the daily MA 50 and 200, currently eyeing up $0.00000743 and $0.00000943. Support is a cozy little trio nestled between $0.000005 and $0.000006, specifically at $0.0000061, $0.00000575, and $0.00000508. Toodle-oo!
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2026-02-22 09:40