Shiba Inu Open Interest Hits 13.07 Trillion SHIB on January 16 as Gate.io Dominates Futures Market

On January 16, Shiba Inu futures open interest slipped 0.93% in 24 hours but still totaled about 13.07 trillion SHIB, valued near $108.89 million. Over the same period, SHIB price dropped 3.08% to $0.000008182 and trading volume declined to roughly $93.49 million, while Gate.io led the derivatives market with the largest share of positions.