Shiba Inu Open Interest Falls Below $100 Million in 2025
- In 2025, Shiba Inu's open interest has significantly decreased, contrasting with the rise in open interest for https://holder.io/coins/btc/ and https://holder.io/coins/eth/.
- On January 16, 2025, Shiba Inu's open interest peaked at over $519 million but started declining soon after.
- By February 2025, it had dropped by more than 50%, though it remained above 2024's lows due to price fluctuations.
- As of now, Shiba Inu's open interest is below $100 million, marking a new low for 2025 and reflecting an over 80% decline in nine months.
- The coin's price has similarly fallen, down 88% from its all-time highs in 2021.
Periods of low open interest have historically preceded significant market movements for Shiba Inu. The current low could potentially signal another rally if past trends continue.
