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by: xpoolPosted on: May 31, 2025

SHIB’s Open Interest Drops 24.59% in 24 Hours: Bear Market Fears Rise

The crypto market is showing signs of weakness, with major coins experiencing volatility and Shiba Inu (SHIB) is not immune to this trend. Data from Coinglass reveals a significant drop in SHIB’s open interest, falling by 24.59% within just one day. This decrease signals a shift towards bearish sentiment among investors.

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