Shiba Inu Open Interest Jumps 26% to 12.24 Trillion SHIB as Price Slips 1.6%

Shiba Inu has logged one of its strongest derivatives moves in 2026, with open interest climbing more than 26% in 24 hours to about 12.24 trillion SHIB, valued at over $75 million. This sharp increase comes as the token's price drops 1.6% over the same period and Coinbase open interest falls more than 5%, highlighting a divergence between futures positioning and spot market sentiment.