Shiba Inu open interest was one of the worst performers among the top cryptocurrencies by market cap in 2025. While there has been a general increase in open interest across the likes of Bitcoin and Ethereum, lifting the market with them, Shiba Inu has not followed that path. Instead, the meme coin’s open interest has collapsed dramatically, setting new lows in 2025 in the process.
Open interest for the Shiba Inu has crashed to less than $100 million
At the start of the year, on January 16, 2025, open interest for the Shiba Inu reached a new all-time high above $519 million despite SHIB’s price action remaining relatively weak. And it didn’t even take long Open interest began to declineand it’s been mostly downhill from there ever since.
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By the beginning of February 2025, Shiba Inu open interest had collapsed by more than 50%, marking one of the largest declines in the market. However, open interest managed to stay above 2024 lows, as SHIB price volatility kept traders interested.
However, the majority of open interest seen in Shiba Inu at the beginning of the year has almost completely disappeared. Data from Coinglass website He appears Open interest has now fallen below $100 million for the first time in 2025, marking a new annual low.
The current average of around $89 million translates to a decline of over 80% in the past nine months, painting a similar picture to the altcoin price, which is down 88% from its all-time highs in 2021. As this decline continues, it continues to weigh on the price, affecting its ability to… The recovery phase is meaningful.
SHIB can be at a pivot point
As mentioned above, the last time Shiba Inu open interest was this low was in 2024, but the interesting thing is that periods of low interest have often preceded some of the biggest moves. Going back to August 2024, open interest for the Shiba Inu has fallen to its lowest levels since 2023, but the next three months will see both interest and price increase rapidly.
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Low-interest times, like these, were often fertile ground for accumulation before the next move. Therefore, the Shiba Inu’s open interest could drop to yearly lows This paves the way for another rise in prices.
Featured image of chart from Tradingview.com
The post Shiba Inu Open Interest Crash To 2024 Levels, Is It Game Over For The Meme Coin? first appeared on Investorempires.com.
