Shiba Inu Open Interest and Trading Volume Hit 2025 Lows

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Shiba Inu Open Interest and Trading Volume Hit 2025 Lows

The Shiba Inu is experiencing significant market movements following the October 10 liquidation.

Key Metrics Indicating Potential Bottom

  • Open interest for Shiba Inu has dropped below $80 million, a level last seen in January 2025. Historically, this marked the bottom before a price surge.
  • Shiba Inu open interest

  • Previously, low open interest led to an 800% increase, reaching a high of $542 million.

Trading Volume Insights

  • Daily trading volume averages below $200 million, similar to previous lows that preceded price rallies.
  • Shiba Inu Volume

  • In May and July 2025, low volumes were followed by 40% price increases.

These trends suggest Shiba Inu might be poised for another price uptick if historical patterns repeat.

Shiba Inu price chart from Tradingview.com

Original publication

Authors credited by the source: Scott Matherson

Published by Holder based on an external source.