933,890,048,712 SHIB in 24 Hours: Can Shiba Inu Still Get a Chance?

933,890,048,712 SHIB in 24 Hours: Can Shiba Inu Still Get a Chance?

Source: UToday

Published:06:49 UTC

BTC Price:$87756

#SHIB #ETF #Bullish

Analysis

Price Impact

High

Significant futures outflows ($6.71m, translating to 933.89b shib) indicate buying interest from derivatives traders, suggesting underlying accumulation. furthermore, institutional predictions for potential shiba inu etfs by 2026 signal a major long-term catalyst.

Trustworthiness

High

Data is sourced from coinglass, a reputable derivatives analytics platform, and long-term predictions come from galaxy, a well-known institutional crypto player, lending high credibility.

Price Direction

Bullish

Despite recent range-bound trading, the interpreted buying from derivatives traders creates short-term upward pressure. the long-term outlook is strongly bullish due to increasing institutional interest and the potential for shib etfs by 2026, which could significantly boost liquidity and adoption.

Time Effect

Long

While derivatives action can have a short-term effect, the primary bullish drivers, such as institutional adoption and the potential launch of altcoin etfs including shib, are projected for 2026, indicating a longer-term impact on price appreciation.

Original Article:

Article Content:

Cover image via U.Today Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available. Read U.TODAY on Google News According to CoinGlass data, Shiba Inu saw $6.71 million in futures outflows in the last 24 hours, which translates to 933,890,048,712 SHIB. Advertisement Outflows remain significant as it suggests buying on the part of derivatives traders even as Shiba Inu attempts year end recovery. Following days of drop toward the Christmas holiday, Shiba Inu reversed at a low of $0.00000698; however, bulls were unable to make a definitive move. HOT Stories Crypto Market Prediction: Bitcoin Could Spike Above $90,000, Shiba Inu (SHIB) Hits Hidden Reversal Level, Will Ethereum's (ETH) New Year Pump Happen? Fidelity’s Macro Guru Turns Bearish on Bitcoin Morning Crypto Report: Legendary Trader Speaks out on $24,111 Bitcoin Anomaly on Binance, Cardano's Hoskinson Calls out New Project and Brings up XRP, Dogecoin (DOGE) Posts 'Naughty List' CZ Reacts to Trust Wallet Hack. Are Funds SAFU? Shiba Inu resorted to range trading between $0.00000698 and $0.00000729, where it still remains even at the time of writing. Advertisement Shiba Inu was trading up 0.05% in the last 24 hours to $0.000007224 but down 2.83% in the last seven days. The current price action in the markets suggests investors are reassessing risk appetite in year-end positioning. SHIB has spent weeks trending downward, frustrating bulls. On the other hand, it seems the forces shaping the next move are quietly shifting beneath the surface. Some analysts believe that the market may be far closer to an inflection point than price action alone suggests. 2026 presents optimism 2025 may end with prices in the red, the year saw real institutional adoption, setting the groundwork for 2026’s next phase of real activation. Advertisement In a recent report, Galaxy revealed 26 crypto, Bitcoin, DeFi and AI predictions for 2026. Among such predictions that might benefit Shiba Inu is that of potential ETFs in the year 2026. Shiba Inu saw an inclusion in legacy asset manager T.Rowe crypto ETF filing, a remarkable milestone for the dog coin, signifying institutional interest. Galaxy predicts more than 50 spot altcoin ETFs and another 50 crypto ETFs (excluding spot single-coin products) will launch in the U.S. Following the SEC’s approval of generic listing standards, Galaxy expects the pace of spot altcoin ETF launches to accelerate in 2026. 2025 saw more than 15 Solana, XRP, Hedera, Dogecoin, Litecoin and Chainlink spot ETFs coming to the market. Galaxy expects other major assets to follow with their own spot ETF filings. In addition to single-asset products, multi-asset crypto ETFs and leveraged crypto ETFs are predicted to launch. #Shiba Inu (SHIB) News #Shiba Inu #Shiba Inu (SHIB) Price Prediction