12,290,000,000,000 SHIB: Shiba Inu OI Makes Bullish U-Turn
Analysis
Price Impact
MedA significant increase in shiba inu's open interest (oi) signals renewed investor interest and accumulation in the futures market, suggesting a potential future price recovery despite current mild dips.
Trustworthiness
HighBased on data from coinglass, a reputable source for derivatives data, showing a substantial increase in shib's open interest (over 12.29 trillion shib committed).
Price Direction
BullishThe 'bullish u-turn' in oi, with futures traders opening new positions, indicates growing confidence among investors and analysts in a potential major rally for shib.
Time Effect
ShortOpen interest often reflects speculative sentiment for the near to medium term, with analysts anticipating a rally 'ahead' rather than an immediate, sustained surge.
Original Article:
Article Content:
Cover image via U.Today Read U.TODAY on Google News The Shiba Inu derivatives market has seen a mild resurgence as its open interest is currently flashing green with a decent increase of about 0.89% over the last day. Advertisement In an unexpected move that appears to be a sudden flip in investor sentiment despite the broad crypto market slowdown, the Shiba Inu open interest metric has returned to the bullish side. According to data from CoinGlass, over 12,290,000,000,000 SHIB have been committed to its futures market over the past day, suggesting that investors are still positive about a potential recovery for SHIB’s trading price. HOT Stories XRP Faces Brutal 11,348% Liquidation Imbalance: What Just Happened? Morning Crypto Report: XRP to $126? Abnormal TV Glitch Reveals Ultimate XRP Price Target, Bitcoin to $25,000: Legendary Trader Brandt Reveals Brutal Timeline, Shiba Inu Unlock Hits 41,128,246,331 SHIB on Major Exchange Ex-Ripple CTO: ‘Rational People’ Don’t See $100 XRP Yet Crypto Market Review: Shiba Inu (SHIB): Are There Any Chances? Is XRP Eyeing $1.50? Bitcoin (BTC) Under Bearish Control SHIB’s price stays in red Per further on-chain data, the slight increase in SHIB’s open interest has come despite the massive plunge in the price of the leading dog-themed meme token. At press time, Shiba Inu is trading $0.000007289, a mild decrease of about 0.34% over the last 24 hours. Advertisement You Might Also Like Fri, 01/30/2026 - 12:02 Shiba Inu Burn Rate Rockets 500% in Rare Upside for Price By Godfrey Benjamin Nonetheless, it is important to note that 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. As such, with the sharp resurgence seen in Shiba Inu’s open interest on Jan. 30, it appears that futures traders are increasingly opening new positions amid resurging interest in the asset. Advertisement While Shiba Inu is currently trading close to a possible price resurgence, the positive futures market suggests that investors are beginning to regain confidence. With this metric, market analysts are positive that Shiba Inu is positioning for a major rally ahead. #SHIB #Shiba Inu (SHIB) Price Prediction #Shiba Inu (SHIB) News