13,070,000,000,000 SHIB in 24 Hours: Shiba Inu OI May Flip Soon

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Jan 16

The Shiba Inu derivatives market has seen a mild pullback as its open interest is currently down but has only slipped 0.93% over the last 24 hours.While this downturn in Shiba Inu’s futures activities...

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While this has flashed signs of short-term weakness, its trading volume has slid by over 40% to about $93.49 million.Source: Trading ViewGate.io leads Shiba Inu futures market While Shiba Inu has seen traders actively commit their tokens across several major derivatives platforms, Gate.io has led the market with the strongest participation from its users.The data further revealed that Gate.io accounts for 39.13% of the total open interest, which stands at 5.22 trillion SHIB, worth about $42.61 million.Furthermore, OKX followed with 1.37 trillion SHIB, accounting for 10.3% of the total open interest.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"}}}