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Shiba Inu Spot Volume Trails Futures as SHIB Trades Near $0.000005

Spot trading totaled $6.43 million over 24 hours, compared with $18.17 million in futures volume; open interest was $52.21 million.

By Enna Lee
Published
A small brass token rests beside a heavier steel counterweight. / TokenPost.ai
A small brass token rests beside a heavier steel counterweight. / TokenPost.ai

Shiba Inu spot trading reached $6.43 million over 24 hours, below futures turnover, while SHIB traded near $0.000005 and open interest stood at $52.21 million.

The exact quote was $0.000005014, down 1.1% over the previous 24 hours. The snapshot was taken at 8:45 a.m. ET, or 12:45 UTC, on Oct. 18. Futures volume was $18.17 million.

A separate Oct. 7 reading of SHIB spot flows showed about $506,680 in net inflows over eight hours. SHIB's recorded low on Sept. 16 was $0.00000474.

Enna Lee

Reporter

Enna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.

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