Shiba Inu Open Interest Suffers 40% Crash, What Does This Mean For Price?

The Shiba Inu open interest has hit a snag after a particularly good run. The open interest had risen quickly alongside the price of the meme coin, which climbed close to its previous all-time high earlier in March. However, the cryptocurrency has been unable to maintain this uptrend, leading to a significant drop in the open interest. Shiba Inu Open Interest Sees Over 40% Decline According to... source: https://www.newsbtc.com/shiba-inu/shiba-inu-open-interest-40-crash/