SHIB Plunges 131,522%?! 😱

Now, listen here. This SHIB business… it’s a bit of a pickle, isn’t it? The thing’s been slithering downhill faster than a greased piglet. All those fancy lines on the charts – the “moving averages,” they call them – well, SHIB’s way under them. Meaning, it’s in a proper slump. A right royal mess, if you ask me. The sellers are having a field day, and nobody seems capable of turning things around. 😒

Shiba Inu Goes Squish

The downward plunge is getting… less plunge-y, if that makes any sense. It’s not tumbling like a sack of potatoes anymore, but it’s still not bouncing back up. It’s sort of… wobbling. Volatility, they say, is “compressing.” Sounds like someone’s squeezing the life out of it! And the RSI? Stuck down near the bottom like a particularly gloomy grub. It’s not a recovery, you see. It’s just… holding its breath.

But then! Then they showed us a number. A number so enormous, so utterly bonkers, it made my eyeballs nearly pop out of my head. -131,522%! Can you believe it? Apparently, Shiba Inu Futures Flows had a bit of an “imbalance.” According to all sensible people (and mathematics!), anything over -100% means poof! It’s gone! Vanished! So how, pray tell, did it get past -100%?! 🤔

Beyond 100%? Utter Nonsense!

Well, don’t go grabbing your hats, because the answer, as it often does, involves fiddly numbers and a rather teeny-tiny starting point. It wasn’t the price changing by that much, no sir. It was the change in a teeny, tiny little baseline. Like comparing a gnat’s whisker to the whole world. If you start with almost nothing, even a little sneeze of a sale can look like a catastrophic collapse when you start calculating percentages!

The denominator, you see, was extraordinarily small. A ridiculously tiny number. So the calculations, they did their calculations, and the table showed a sudden rush of people running for the hills – selling off their SHIB faster than you can say “dogecoin.” It doesn’t mean SHIB futures vanished into thin air. It means a lot of short-term traders hopped off the merry-go-round.

And the open interest chart? It’s shrinking! Like a shrinking violet in a drought. Nobody’s pouring new money into this thing; they’re bailing out! It’s not long-term investors, see. It’s those twitchy, quick-money types getting cold feet. And frankly, who can blame them? 🤷

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2025-12-20 06:12