SHIB’s open interest just shed over $100 million in days, marking one of its steepest pullbacks since mid-July, after briefly peaking at $328 million. With Shibarium’s TVL dwindling and broader memecoin sentiment cooling, traders are questioning whether burns alone can…

Source and More information: Shiba Inu price drops amid $100m open interest exodus: what’s next?

Author: BTCManager.com