Trader sentiment in Shiba Inu derivatives market has done a complete 180 over the past week. Net positions — which sat at around -200 million just days ago, reflecting a market tilted toward short bets — have swung to more than +400 million in net longs as of May 11. That kind of shift in a short window is not common.
From Short To Long: A Full Reversal
The turnaround began around May 6, when net positions started climbing out of negative territory. By May 9, the indicator had crossed into positive ground, and it kept climbing.
Trending: LeBron James Yet Again Swept Out of the NBA Playoffs
According to market watcher CW, buying pressure has grown sharply and is now dominating the market. “The upward momentum of $SHIB is increasing explosively,” he said.
The upward momentum of $SHIB is increasing explosively.
Upward pressure is very strong. pic.twitter.com/krXs9zhcM7
— CW (@CW8900) May 10, 2026
That momentum shows up clearly on
Continue reading
Join the conversation!
Please share your thoughts about this article below. We value your opinions, and would love to see you add to the discussion!