The Shiba Inu perpetual contract has been restored to the level of February 2024. What happened last time?
Shiba Inu 的未平仓合约显有rise,为投资者带来了新vitality。 虽然该meme 代币的未平仓合约尚未突破 2024 年 Match 的历史最高水平,但它正处于看涨趋势中,可能很快会出现突破。
The total open interest of Shiba Inu on multiple exchanges has risen to over 97 million USD, reaching one of the highest levels so far this year. According to data, as of June 6, 2024, the SHIB open interest is currently at 97.08 million USD.
This number is worth paying attention to because in the past few months, the open interest of Shiba Inu has been struggling. After reaching a historical high of nearly $136 million in March 2024, the open interest of Shiba Inu has quickly declined, shrinking by more than half by mid-April.
However, the open interest of SHIB started to rebound in May, and with the arrival of June, the open interest surged. From the low point in March to the current data in June, the open interest of Shiba Inu has increased by nearly 100%, indicating a significant increase in investor interest.
Currently, the open position of SHIB exceeds 97%, and it is about 60% away from reaching a historical high. The possibility of this happening is also significant for the price of SHIB to reach a historical high.
The increase in the number of unclosed contracts for Shiba Inu is not only important for measuring investor interest, but also important for the impact on the SHIB price. From the data in March, when the number of unclosed SHIB contracts hit a historic high, the price also rose. Therefore, the current growth may also translate into a price increase.
If the open position contract returns to its historical high of 136 million US dollars, judging from the previous price increase, the price of SHIB may once again reach 0.00004 US dollars, setting a new annual high. This is because in March, when the open position contract surged, the price of SHIB more than doubled.
However, in the past 24 hours, open interest has slowed slightly, with a decrease of 0.42% overall. As of the time of writing, the SHIB price is currently trending at $0.0000256, a decrease of 4.41% from last week.
(Data source: Scott Matherson)