Shiba Inu Futures Open Interest Surges to Over 10 Trillion SHIB

The open interest in Shiba Inu futures has surged to over 10.74 trillion SHIB as of September 5, marking a 19.28% increase from the previous day.

This growth in open positions indicates that traders are expecting more active price movement and are willing to take on additional risk, according to Coinglass.

The asset's price has held above $0.000005, a significant level after last month's rally, and activity in the futures market is growing precisely at this moment.