CoinGlass data shows SHIB futures netflow dropped 306%, with outflows exceeding inflows as derivatives traders reduced exposure to the meme token.Open interest in SHIB futures stands at $61.2 million, while approximately $42,485 in SHIB positions were liquidated in the latest 24-hour session.SHIB was trading near $0.00000575 at time of writing, down approximately 54% over the past 12 months and 3.7% over the past week.