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Shiba Inu (SHIB), often referred to as the Dogecoin killer, has reversed its prolonged downward trend with notable price movements. Additionally, there has been a significant increase in the altcoin’s derivatives market. Recent data reveals that Shiba Inu’s open interest (OI) surged over 25% in the last 24 hours.

柴犬（SHIB）通常被称为狗狗币杀手，通过显着的价格变动扭转了长期下跌趋势。此外，山寨币的衍生品市场也大幅增长。最近的数据显示，柴犬的未平仓合约 (OI) 在过去 24 小时内飙升了 25% 以上。

According to data compiled by the crypto derivatives analysis platform Coinglass, SHIB’s OI rose by 25.23% to $18.22 million, and the total derivatives volume for SHIB increased by 36.34% to $56.83 million. Notably, no major liquidations for Shiba Inu were reported today, with only $245,410 worth of long and short positions liquidated in the last 24 hours, $62,320 of which occurred in the last four hours.

加密货币衍生品分析平台Coinglass整理的数据显示，SHIB的OI上涨25.23%至1822万美元，SHIB的衍生品交易总额增长36.34%至5683万美元。值得注意的是，今天没有关于柴犬的重大清算报告，过去 24 小时内仅清算了价值 245,410 美元的多头和空头头寸，其中 62,320 美元发生在过去四个小时内。

A closer look at the OI data shows that the OKX exchange holds the highest share, with a $7.29 million stake in Shiba Inu’s OI, marking a 10.60% increase in the last 24 hours. Huobi Global also stands out as a leading exchange in the rise of Shiba Inu’s OI, with an 83.12% increase, now holding an OI worth $5.16 million. Bitget recorded a 10.56% increase in SHIB’s OI, reaching $3.19 million.

仔细观察 OI 数据发现，OKX 交易所持有的份额最高，持有 Shiba Inu 的 OI 股份 729 万美元，过去 24 小时内增长了 10.60%。火币全球站也成为柴犬 OI 上涨的领先交易所，涨幅达 83.12%，目前持有的 OI 价值 516 万美元。 Bitget 的 SHIB 持仓量增长 10.56%，达到 319 万美元。

After nearly a month of decline, SHIB has recently started a series of trading sessions dominated by upward movement. At the time of writing, SHIB’s price saw a 1.79% increase to $0.000009408 over the last 24 hours, with its market value rising by 1.72% to $5.54 billion. Additionally, SHIB’s trading volume in the last 24 hours increased by 9.74% to $157.39 million.

经过近一个月的下跌之后，SHIB近期开启了一系列以上涨为主的交易时段。截至撰写本文时，SHIB 的价格在过去 24 小时内上涨 1.79% 至 0.000009408 美元，市值上涨 1.72% 至 55.4 亿美元。此外，SHIB在过去24小时内的交易量增长了9.74%，达到1.5739亿美元。

Meanwhile, the Shiba Inu community continues its token burns relentlessly. Despite a decrease in the token burn rate over the last 24 hours, the burns proceed at full throttle, with 3.06 million SHIB tokens incinerated according to Shibburn’s data.

与此同时，柴犬社区继续无情地销毁代币。尽管过去 24 小时内代币销毁率有所下降，但销毁仍在全力进行，根据 Shibburn 的数据，销毁了 306 万个 SHIB 代币。

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