🤖AI Summary
Shiba Inu futures open interest dropped over 8% in 24 hours to 10.59 trillion SHIB, indicating bearish sentiment among derivatives traders. The decline in open interest suggests traders are closing positions and reducing exposure to SHIB.
Key Takeaways
- →SHIB futures open interest fell 8% to 10.59 trillion tokens in 24 hours.
- →The decline indicates bearish sentiment among futures traders.
- →Reduced open interest suggests traders are closing positions and limiting exposure.
- →Market sentiment appears to be turning negative for Shiba Inu.
Read Original →via U.Today
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