Faster global financial news!
Shiba Inu (SHIB) Open Interest Drops Below Critical $50 Million Threshold, Market Activity Cools
The derivatives market for Shiba Inu (SHIB) is cooling down, with its Open Interest (OI) having fallen to approximately $37.3 million, significantly below the $50 million key level that traders consider a signal of healthy activity. Over the past 24 hours, SHIB futures trading volume was $49.3 million, while spot trading volume was only $10.8 million, indicating that market activity is primarily driven by leveraged bets.
No AI analysis yet. Tap the "AI Analysis" button above to generate one now.
Disclaimer: This content reflects the author's personal views only and does not constitute investment advice.
Previous: DTCC, a core Wall Street institution, has launched its tokenization service, with 20 institutions including JPMorgan Chase, Citi, and Morgan Stanley participating, bringing $30 trillion in securities onto the blockchain.
|
Next: Putin praises Musk as 'true genius' as Russia develops Starlink rival
24H Trending
-
1
South Korea's KOSPI index rose 5.18% from its previous close, now at 5,930.51.
-
2
SK Hynix is up 6.86% from its previous close, now trading at ₩1,433,000.
-
3
SK Hynix is up 5.26% from its previous close, now trading at ₩1,411,500.
-
4
SK Hynix is up 8.72% from its previous close, now trading at ₩1,458,000.
-
5
South Korea's KOSPI index rose 6.16% from its previous close, now at 5,985.55.
-
6
XIDO Coin (XIDO Finance) Analysis: The Current State of Decentralized Yield Farming Protocols
-
7
MASP Coin Market Space Project Analysis: Data Economy Concept and Historical Review
-
8
Youngone wins 8.8 billion won refund in Scott acquisition dispute
-
9
Samsung Electronics rose 7.88% from its previous close, now trading at ₩239,500.
-
10
TSMC is up 3.03% from its previous close, now trading at $437.220.
Markets Today
Recommended Reading
Hot Topics
Svmuu focuses on blockchain industry trends and cutting-edge cryptocurrency news, while also covering real-time market data and in-depth analysis of the Hong Kong, U.S., and foreign exchange markets. Here, you can not only access professional 24/7 news updates and accurate market data, but also utilize practical investment tools to help you capitalize on opportunities in both digital assets and traditional financial markets. Whether you are a blockchain enthusiast or an investor in Hong Kong, U.S., or foreign exchange markets, we provide efficient and timely information services to empower your investment decisions.
- User Agreement
- Privacy Policy
- Contact Us
- Business Partnerships
- Disclaimer
- Content Statement
- About Us
- Sitemap
Coming Soon!
