Shiba Inu Futures Open Interest Surges 39% Amid Bullish Sentiment

Generated by AI AgentCoin World
Tuesday, Jul 22, 2025 2:08 am ET1min read
Aime RobotAime Summary

- Shiba Inu’s SHIB futures open interest surged 39% to a December high, signaling growing bullish sentiment among traders.

- SHIB’s 38% monthly price rise coincided with 6 trillion tokens moved to cold storage by large whale wallets, hinting at accumulation strategies.

- Despite sharp hourly dips, SHIB rebounded to $0.00001575, showing strong support and trader confidence in key levels.

- Elevated futures activity and leveraged trading amplify volatility risks, with liquidations likely to accelerate price swings.

Shiba Inu’s

has seen a significant surge in futures open interest, reaching its highest level since December. This 39% spike in open interest indicates a growing interest and potential bullish sentiment among traders in the market. The increase in open positions suggests that more traders are entering into futures contracts, which could be a precursor to increased price volatility and potential price movements in the near future.

The recent price action of SHIB has been notable, with the token experiencing a 38% increase over the last month. This price surge comes amidst a backdrop of large whale wallets moving substantial amounts of SHIB into cold storage, indicating a potential accumulation strategy by major holders. The movement of over 6 trillion SHIB into cold storage suggests that these whales may be positioning themselves for a significant price rally, further fueling the bullish sentiment in the market.

Despite the recent price surge, SHIB has shown its classic two-way volatility. On July 21, it dropped from $0.00001571 to $0.00001560 in a single hour, with the steepest fall happening in two minutes, from $0.00001556 to $0.00001548. This move came with volume exceeding 56 billion tokens. However, SHIB found strong support near $0.00001546 and began forming higher lows—a sign of strength. Buyers didn’t hesitate, and as of now, SHIB has climbed back to $0.00001575. This rebound reflects strong market confidence and proves that traders remain active and ready to defend key support levels.

The futures market plays a major role in these moves. With more capital locked into SHIB contracts than at any point since December, the stakes are high. Every sudden price move could trigger liquidations, leading to even faster reactions from traders. Volatility, once again, becomes the heartbeat of SHIB’s price action. Traders aren’t watching from the sidelines anymore. They’re jumping in with leverage, hunting for short-term gains and long-term trends. SHIB’s rising open interest, strong price recovery, and explosive trading volume all suggest one thing—something big may be on the horizon. Whether it breaks out or swings back, SHIB looks ready to steal the spotlight.