Early price recovery signs arrive despite whales still sleeping. Will Coinbase’s move restore Shiba Inu’s liquidity?
The canine meme coin Shiba Inu (SHIB) is finally showing early signs of a rebound. Right now, Shiba Inu’s price has bounced off from the same area consecutively for two weeks, implying downside exhaustion.
Still One Massive Hurdle In Shiba Inu’s Recovery Path
The area in question lies between $0.00000779 to $0.00000797, so holding above this area on two separate occasions marks a double bottom, but is it matched with buying power? That’s not the case, judging from Coinbase data.
Largest crypto investors, popularly referred to as whales, have been actively distributing their Shiba Inu (SHIB) positions on Coinbase since November 11, 2025. This has pushed the Chaikin Money Flow (CMF) to severely negative territory, hovering at -0.21 as of press time.
As Shiba Inu coin (SHIB) just nailed a listing on Coinbase’s FCM-regulated futures, the fresh institutional reach gives SHIB the edge over other popular meme coins, except for Dogecoin (DOGE), who’s also included in Coinbase’s institutional deal.
Why Coinbase’s Shiba Inu Futures Is a Game-Changer
The arrival of the 1000-times multiplied SHIB smart futures contract on Coinbase has sparked a slight 3% uptick in Open Interest (OI), pushing it to beyond $30 million on leveraged markets.
Regardless of this fresh speculative interest, the general trend has been dull – most market participants are not keen on playing with SHIB on leverage, evident in the negative figures in the funding rate.
The open interest (OI), representing the unsettled leverage on the underlying asset, was the only bullish metric, while SHIB’s trading volumes on futures kept falling, down 47.67% in 24 hours, according to CoinGlass.
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