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Sheba Eno (SHIB) has recorded important activities during the past 24 hours, as investors move strategically amid continuous price fluctuations. according to Coinglass Data, more than 18 trillion SHIB icon was committed in an open interest.
Shayb's open interest rises despite the decline in prices
It is worth noting that 18.24 trillion are invested for 334.44 million dollars, as shown in open interest data, indicating an increase in interest from the Shib investors. The huge SHIB size indicates that investors are betting on the price of winning Mimi.
To this writing, it was the price of SHIB commerce For 0.00001829 dollars, a decrease of 2.55 %. Likewise, the market volume decreased by 18.21 % to 276.88 million dollars.
Despite these low numbers, investors remain optimistic about the distinctive symbol of dogs, as they united their positions before a large break. The SHIB price movement, which ranges between 0.00001775 dollars, and the highest 0.00001899 dollars, can indicate an imminent increase in prices in front of these market participants.
Meanwhile, open interest activities were higher on gate.io. Crypto Exchange 81.03 %, or 14.77 trillion, recorded the cumulative size, which amounted to $ 271.03 million.
Bitget and OKX came in the second and third far away, respectively. The total open interest of Bitget was 30.27 million dollars or 1.65 trillion, which represents 9.05 %, while OKX had 6.06 %, or 1.11 trillion of $ 20.28 million.
Shiba Inu the ecosystem in noise mode
Analysts suggest that recently to update Written by Chitoshi Kosama, the main sheep developer, may have affected the current increase in open attention. In the update, Kusama urged the SHIB community ready to announce a "very strong partnership" soon.
It indicates that development can significantly transform the ecosystem. Although he was silent on the details, investors may be to bet on a possible progressive price step for SHIB.
Besides, as I mentioned Written by U.today, SHIBA Inu was recently printed a green candle after it was lost for a week. This development also feeds on investors optimism The huge graying declined It can stop.
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