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Shiba Inu Open Interest Crashes From $328 Million July Peak To $190 Million, What’s Going On?

2025-08-05 14:24:36

Shiba Inu Open Interest Crashes From $328 Million July Peak To $190 Million, What’s Going On?

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Shiba Inu’s Open Interest (OI) has crashed from its July peak, sparking a bearish sentiment for the foremost meme coin. This development has coincided with the recent crypto market crash, as investors choose to wait on the sidelines amid market uncertainty. Shiba Inu’s Open Interest Crashes To $190 Million Coinglass data shows that Shiba Inu’s Open Interest is currently at $190 million, down significantly from its July peak of $328 million recorded on the 22nd of last month. Since then, the OI h...

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