10,930,000,000,000 Shiba Inu Resurges as SHIB OI Sees Sharp Reversal
Analysis
Price Impact
MedThe shiba inu open interest (oi) metric has seen a significant 3.85% increase, indicating renewed interest and new positions being opened by futures traders. this signals a shift in sentiment and potential for further price movement.
Trustworthiness
HighThe analysis is based on data from reputable sources like coinglass for oi and coinmarketcap for price, cited by u.today, a known crypto news outlet. the reasoning is logical and directly supported by the presented metrics.
Price Direction
BullishShib's price has shown a bullish comeback, surging 1.77% in the last 24 hours, breaking a streak of weak market conditions. the increase in oi suggests traders are betting on upward movement, maintaining a 10% gain over the last 30 days.
Time Effect
ShortThe observed resurgence in oi and price is a recent development (last 24 hours), indicating an immediate shift in market sentiment. while it may set a foundation for longer-term trends, the current effect is short-term.
Original Article:
Article Content:
Cover image via U.Today Read U.TODAY on Google News SHIB OI up 3% as price resurgence SHIB price makes bullish comeback Advertisement Shiba Inu futures traders are making their way back to the market, as momentum appears to be building again after multiple days of weak market conditions. In what appears to be a sudden flip in investor sentiment, the Shiba Inu open interest metric has returned to the bullish side, showing a mild resurgence over the last day, according to data from Coinglass. SHIB OI up 3% as price resurgence On Thursday, January 22, the Shiba Inu open interest metric saw a decent increase of 3.85%, as futures traders appeared to be opening new positions amid resurging interest in the asset. HOT Stories 'Thinking About Buying More Bitcoin': Michael Saylor Reacts to Bitcoin Price Collapse With Bull Statement Morning Crypto Report: Ripple Legend Co-Signs Binance Twist, 'Digital Silver' Litecoin Raises Halving Alarm, XRP Price Enters 'Crocodile' Zone XRP Hits ‘Extreme Fear’ After 19% Drop U.Today Crypto Review: Ethereum (ETH) Loses 30-Day Progress, Shiba Inu's (SHIB) End of Bears; Bitcoin's (BTC) Last Recovery Chance With SHIB futures traders now pulling positive moves, over 10,930,000,000,000 SHIB tokens have been committed by traders in the last 24 hours. Advertisement You Might Also Like Thu, 01/22/2026 - 15:43 SHIB Team Pushes Back on Fears, Says Shiba Inu Cycle Is Not Over By Tomiwabold Olajide While the Shiba Inu open interest metric measures the total number of outstanding derivatives contracts for SHIB, a surge in the metric often reflects growing interest and demand among retail and institutional investors. With SHIB OI now decently up by nearly 4%, it appears that some Shiba Inu holders are convinced about a potential increase in the price of SHIB, and they are placing their bets in this regard. Advertisement SHIB price makes bullish comeback Following the resurgence in the Shiba Inu open interest metric, its price is back on a bullish trajectory after trading in the deep red territory over the past days. While Shiba Inu is currently showing a mild price resurgence as investors begin to regain confidence, data from CoinMarketCap shows that the asset has surged decently by 1.77% over the last day. Source: CoinMarketCap Amid the positive price trend, Shiba Inu is trading at $0.000007880 as of writing time. While traders are gradually regaining their bullish stance, SHIB trading volume is still showing a notable decline of about 8.47%, currently sitting at around $101.64 million. With this mild price resurgence, Shiba Inu appears to remain on track to closing January on a positive note, as it still retains about 10% gains over the last 30 days. #SHIB #Shiba Inu (SHIB) Price Prediction #Shiba Inu (SHIB) News