Shiba Inu OI Spikes 18% Amid Biggest Price Move in Weeks

Cover image via U.Today Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available. According to CoinGlass data, Shiba Inu saw its open interest jump as much as 18% as the price made its biggest move yet in weeks. Advertisement A relief rally had spread across the markets on Monday; risk assets rallied more broadly, with the S&P 500 posting gains while the dollar declined as traders pared back some of their more hawkish Federal Reserve bets. Cryptocurrencies are surging in response, with Shiba Inu seeing a sharp increase on Monday, rising from $0.0000057 to $0.00000621 and posting a significant green candlestick. Across the broader crypto market, crypto positions worth $570 million were liquidated in the last 24 hours, with shorts liquidated accounting for the majority at $367.05 million, while longs came in at $203.57 million. HOT Stories Why Bitcoin's Bollinger Bands Point to $84,000 BTC as Next Price Target, Binance Rolls Out New AI Product for Trading Crypto, XRP Popularity Finally Brings Ripple USD Stablecoin to Korea: Morning Crypto Report XRP's Key Support Violated, Is Cardano's $0.25 Level Unbreakable? 3 Failed Shiba Inu Breakouts End Bullish Narrative: Crypto Market Review You Might Also Like Tue, 03/17/2026 - 15:25 Shiba Inu OI Explodes 26% Despite Negative Price Reversal By Caroline Amosun Advertisement The sharp surge saw traders readjusting their positioning on the derivatives market and, therefore, an increase in open interest. At the time of writing, SHIB still sustained gains, with its price up 1.36% in the last 24 hours and up 1.32% in the last seven days. On Tuesday morning, traders will watch out for data on the U.S. manufacturing Purchasing Managers’ Index. Shiba Inu posts biggest daily gains in weeks The Shiba Inu price sharply rose to $0.00000621, closing out Monday with a 6.84% gain, according to TradingView data . This represents its biggest gains in weeks. Advertisement You Might Also Like Sun, 03/22/2026 - 17:02 Shiba Inu Just Completed Death Cross, How Much Deeper Can Derisking Go? By Tomiwabold Olajide The last time Shiba Inu saw this kind of increase was on Feb. 14, 2026, when it closed with gains of 11.23%. Following the increase in the price on a daily basis, Shiba Inu has reversed its weekly losses. The rise on Monday saw Shiba Inu surpass the daily MA 50 at $0.000006 again. Shiba Inu is currently holding above here, with bulls attempting to maintain this level. If Shiba Inu is able to hold above here, it might move next to $0.00000644. On the other hand, a break and close above the $0.000009 resistance might suggest that bulls are back in the driver’s seat. That clears the path for a rise to the $0.00001 level, which is expected to behave as resistance. #Shiba Inu (SHIB) News #Shiba Inu