SHIB Approaching the 10 Trillion Threshold, Futures Activity Shows a Reversal
2026-08-10 19:24:10
According to CoinMeta, Shiba Inu ( SHIB ) has regained momentum in both the spot and derivatives markets, and market sentiment seems to have turned bullish once again. According to the latest data from CoinMeta, futures traders of SHIB have seen a large-scale recovery after experiencing a 7% surge in open interest. Currently, the volume of open contracts for SHIB is approaching 10 trillion SHIB, with the latest figures showing 9.90 trillion. Despite the sharp fluctuations in the previous few days, trader activity in the SHIB derivatives market is on the rise. The rebound in the SHIB futures market indicates that momentum is beginning to accumulate again. The current trading price of SHIB is around $0.0000047, up 1.67% in the past 24 hours. Analysts believe that if SHIB can maintain strong futures momentum and regain the key $0.000005 price level, it could see a significant price rebound.
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Source：U.Today
This content is for market information only and does not constitute investment advice.
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