Shiba Inu futures fund flows have plunged 67-fold, indicating weaker leveraged trading demand around SHIB (the Shiba Inu token). Coinglass data cited by blockchain media outlet U.Today on Nov. 8 showed $10.39 million flowing into the futures market against $10.60 million flowing out, producing net outflows of $207,230 and a reported decline rate of 6,700.36%. The retreat may reflect reduced speculative positioning, profit-taking and position unwinding, but futures activity does not directly measure spot demand, meaning sustained token buying could limit the price impact. SHIB rose to $0.000004844 last week before falling 5% to $0.00000446 as broader cryptocurrency selling liquidated more than $1 billion in positions. CoinMarketCap's Altcoin Season Index also fell to 44, its lowest level since September. SHIB has been in a downtrend since early October 2026, increasing the likelihood of a sixth consecutive weekly decline after a weak September close. The weekly chart identifies resistance at $0.00000586, near the 50-week moving average, and support around $0.0000041. The key test is whether spot buying can offset futures outflows before the derivatives market recovers.