The Shiba Inu open interest has been one of the worst-performing among the top cryptocurrencies by market cap in the year 2025. While there has been a general increase in open interest across the likes of Bitcoin and Ethereum, pulling the market up with them, Shiba Inu has not followed this trajectory. Instead, the meme coin’s open interest has crashed significantly, making new 2025 lows in the process. Shiba Inu Open Interest Crashes Below $100 Million At the start of the year, on January 16, 2025, the Shiba Inu open interest had hit a new all-time high above $519 million despite the SHIB price action remaining relatively muted. It wasn’t long until the open interest began to decline, and it has been mostly downhill from there since. Related Reading: Dogecoin Price Resurrection To $0.5 Could Be Imminent If This Level Breaks By the start of February 2025, the Shiba Inu open interest had crashed by more than 50%, recording one of the sharpest declines in the market. However, the open interest had managed to stay above the 2024 lows as the SHIB price fluctuations kept traders interested. Now, however, the majority of the open interest that was seen in Shiba Inu at the start of the year is almost completely gone. Data from the Coinglass website shows that the open interest has now fallen below $100 million for the first time in 2025, marking a new yearly low. The current average of around $89 million translates to an over 80% decline in the last 9 months, painting a similar picture to the alt coin’s price, which is down 88% from its 2021 all-time highs. As this decline continues, it continues to impact the price, affecting its ability to stage a meaningful recovery. SHIB Could Be At A Pivotal Point As mentioned above, the last time that the Shiba Inu open interest was this low was back in 2024, but the interesting thing is that periods of low interest have often preceded some of the biggest moves. Back in August 2024, the Shiba Inu open interest had fallen to its lowest levels since 2023, but the next three months would see a rapid increase in both interest and price. Related Reading: Evernorth Has Reached 95% Of Its XRP Treasury Target – Here Are The Numbers Times of low interest, such as these, have often been breeding grounds for accumulation ahead of the next move. Thus, the Shiba Inu open interest dropping to yearly lows could be setting the stage for another price rally. Featured image from, chart from Tradingview.comThe Shiba Inu open interest has been one of the worst-performing among the top cryptocurrencies by market cap in the year 2025. While there has been a general increase in open interest across the likes of Bitcoin and Ethereum, pulling the market up with them, Shiba Inu has not followed this trajectory. Instead, the meme coin’s open interest has crashed significantly, making new 2025 lows in the process. Shiba Inu Open Interest Crashes Below $100 Million At the start of the year, on January 16, 2025, the Shiba Inu open interest had hit a new all-time high above $519 million despite the SHIB price action remaining relatively muted. It wasn’t long until the open interest began to decline, and it has been mostly downhill from there since. Related Reading: Dogecoin Price Resurrection To $0.5 Could Be Imminent If This Level Breaks By the start of February 2025, the Shiba Inu open interest had crashed by more than 50%, recording one of the sharpest declines in the market. However, the open interest had managed to stay above the 2024 lows as the SHIB price fluctuations kept traders interested. Now, however, the majority of the open interest that was seen in Shiba Inu at the start of the year is almost completely gone. Data from the Coinglass website shows that the open interest has now fallen below $100 million for the first time in 2025, marking a new yearly low. The current average of around $89 million translates to an over 80% decline in the last 9 months, painting a similar picture to the alt coin’s price, which is down 88% from its 2021 all-time highs. As this decline continues, it continues to impact the price, affecting its ability to stage a meaningful recovery. SHIB Could Be At A Pivotal Point As mentioned above, the last time that the Shiba Inu open interest was this low was back in 2024, but the interesting thing is that periods of low interest have often preceded some of the biggest moves. Back in August 2024, the Shiba Inu open interest had fallen to its lowest levels since 2023, but the next three months would see a rapid increase in both interest and price. Related Reading: Evernorth Has Reached 95% Of Its XRP Treasury Target – Here Are The Numbers Times of low interest, such as these, have often been breeding grounds for accumulation ahead of the next move. Thus, the Shiba Inu open interest dropping to yearly lows could be setting the stage for another price rally. Featured image from, chart from Tradingview.com

Shiba Inu Open Interest Crash To 2024 Levels, Is It Game Over For The Meme Coin?

2025/10/31 16:30

The Shiba Inu open interest has been one of the worst-performing among the top cryptocurrencies by market cap in the year 2025. While there has been a general increase in open interest across the likes of Bitcoin and Ethereum, pulling the market up with them, Shiba Inu has not followed this trajectory. Instead, the meme coin’s open interest has crashed significantly, making new 2025 lows in the process.

Shiba Inu Open Interest Crashes Below $100 Million

At the start of the year, on January 16, 2025, the Shiba Inu open interest had hit a new all-time high above $519 million despite the SHIB price action remaining relatively muted. It wasn’t long until the open interest began to decline, and it has been mostly downhill from there since.

By the start of February 2025, the Shiba Inu open interest had crashed by more than 50%, recording one of the sharpest declines in the market. However, the open interest had managed to stay above the 2024 lows as the SHIB price fluctuations kept traders interested.

Now, however, the majority of the open interest that was seen in Shiba Inu at the start of the year is almost completely gone. Data from the Coinglass website shows that the open interest has now fallen below $100 million for the first time in 2025, marking a new yearly low.

Shiba Inu price

The current average of around $89 million translates to an over 80% decline in the last 9 months, painting a similar picture to the alt coin’s price, which is down 88% from its 2021 all-time highs. As this decline continues, it continues to impact the price, affecting its ability to stage a meaningful recovery.

SHIB Could Be At A Pivotal Point

As mentioned above, the last time that the Shiba Inu open interest was this low was back in 2024, but the interesting thing is that periods of low interest have often preceded some of the biggest moves. Back in August 2024, the Shiba Inu open interest had fallen to its lowest levels since 2023, but the next three months would see a rapid increase in both interest and price.

Times of low interest, such as these, have often been breeding grounds for accumulation ahead of the next move. Thus, the Shiba Inu open interest dropping to yearly lows could be setting the stage for another price rally.

Shiba Inu price chart from Tradingview.com
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.
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Nvidia AI Ignites Revolutionary Partnerships in South Korea’s Tech Future

Nvidia AI Ignites Revolutionary Partnerships in South Korea’s Tech Future

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Nvidia AI: Powering South Korea’s Ambitious Vision In a move that underscores South Korea’s commitment to becoming a global AI powerhouse, Nvidia CEO Jensen Huang recently embarked on his first visit to the nation in fifteen years. This visit was not merely ceremonial; it was a strategic unveiling of new plans designed to deepen collaboration with key Korean tech companies, including Hyundai Motor, Samsung, SK Group, and Naver. The timing, coinciding with the APEC Summit 2025, highlighted a significant expansion of the partnership between Nvidia and the South Korean government. This alliance aims to significantly boost the country’s AI infrastructure and enhance its physical AI capabilities. This announcement followed closely on the heels of new technology deals signed between the U.S. and both Japan and South Korea. These agreements aim to strengthen strategic ties and foster collaboration on critical emerging technologies. The focus areas include AI, semiconductors, quantum computing, biotechnology, and 6G, demonstrating a coordinated effort to advance technological leadership across allied nations. South Korea’s government officially confirmed its intention to acquire over 260,000 of Nvidia’s latest GPUs to meet the escalating demands of its AI sector. A substantial portion, approximately 50,000 GPUs, will be allocated to public initiatives. These include the development of indigenous AI foundation models and the establishment of a national AI data center, laying the groundwork for sovereign AI capabilities. The remaining 200,000+ GPUs are earmarked for major corporations such as Samsung, SK Group, Hyundai Motor Group, and Naver. This distribution is set to accelerate AI-based manufacturing innovation and the development of industry-specific AI models across various sectors. How Will Samsung AI Reshape Manufacturing and Connectivity? Samsung, a long-standing partner of Nvidia for over 25 years, announced ambitious plans to construct an AI Megafactory. This pioneering facility, developed in collaboration with Nvidia, aims to embed AI into every phase of Samsung’s manufacturing processes, spanning semiconductors, mobile devices, and robotics. The Megafactory will leverage more than 50,000 Nvidia GPUs and the Omniverse platform, creating an intelligent network capable of real-time analysis, prediction, and optimization of production workflows. This initiative is a testament to the transformative power of AI in modern industrial operations. Beyond manufacturing, the collaboration extends to next-generation memory technology. Nvidia and Samsung are jointly developing HBM4, the cutting-edge memory designed to power future AI applications, ensuring that the hardware infrastructure can keep pace with AI’s accelerating demands. Furthermore, Nvidia is partnering with Samsung and three major Korean telecom operators—SK Telecom, KT, and LG Uplus—along with ETRI (Electronics and Telecommunications Research Institute) to co-develop AI-RAN. This innovative technology combines mobile base stations with AI to significantly boost performance and reduce battery consumption. Under a new agreement, these partners will jointly develop next-generation AI-RAN and establish a global testbed, positioning South Korea at the forefront of 6G technology. Driving Future Mobility: The Role of Hyundai AI Meanwhile, Hyundai Motor Group and Nvidia are forging a powerful alliance to build advanced AI infrastructure and propel technologies in physical AI. This partnership is strategically focused on three core areas: autonomous mobility, smart factories, and robotics. Their collaboration extends to high-performance GPU supply and investment, ensuring that Hyundai has the computational muscle required for its ambitious projects. According to Nvidia, the companies will deploy 50,000 NVIDIA Blackwell GPUs. These powerful processors will be critical for integrated AI model training, validation, and deployment across Hyundai‘s initiatives. Furthermore, the partnership includes plans to establish AI research centers within South Korea, with the explicit goal of strengthening the country’s physical AI industry. Jensen Huang emphasized the profound impact of AI, stating, “AI is revolutionizing every facet of every industry, and in transportation alone — from vehicle design and manufacturing to robotics and autonomous driving — Nvidia’s AI and computing platforms are transforming how the world moves.” He added, “Together with Hyundai Motor Group — Korea’s industrial powerhouse and one of the world’s top mobility solutions providers — we’re building intelligent cars and factories that will shape the future of the multitrillion-dollar mobility industry.” Building Robust Korean AI Infrastructure with SK and Naver SK Group, the parent company of SK Hynix, is joining forces with Nvidia to establish Asia’s first enterprise-led manufacturing AI cloud. This groundbreaking initiative will leverage Nvidia’s advanced simulation and digital twin platforms, providing unprecedented access to the government, public institutions, and domestic startups. This move is designed to democratize access to powerful AI tools, fostering innovation and accelerating the adoption of AI across South Korea’s industrial landscape. Naver Cloud, the cloud computing division of the Korean search engine Naver, is also deepening its collaboration with NVIDIA. Their focus is on developing a next-generation “Physical AI” platform, designed to seamlessly bridge the gap between the physical and digital worlds. Naver Cloud plans to deploy this cutting-edge AI infrastructure across vital industries, including semiconductors, shipbuilding, energy, and biotechnology. The overarching goal is to accelerate the integration of AI solutions specifically optimized for real-world industrial environments. Hae-jin Lee, founder of Naver, articulated this vision, stating, “Just as the automotive industry is transitioning to SDVs, the era of ‘Physical AI,’ where AI operates directly within real industrial sites and systems, is unfolding.” The Strategic Importance of High-Performance AI GPUs The sheer number of AI GPUs being secured by South Korea—over 260,000 in total—underscores their critical role in the current technological arms race. GPUs are the workhorses of modern AI, providing the parallel processing power necessary to train complex neural networks and run sophisticated AI models. This massive influx of computational power will not only fuel the ambitious projects of Samsung, Hyundai, SK Group, and Naver but also establish South Korea as a leading hub for AI research and development. The strategic allocation of these GPUs, both for public initiatives and private enterprise, ensures a comprehensive national effort to harness AI’s potential. This aggressive investment in AI GPUs positions South Korea to drive innovation across diverse sectors, from advanced manufacturing and autonomous systems to telecommunications and cloud services. The partnerships highlight a broader trend: the seamless fusion of AI and hardware across industries. These collaborations demonstrate how global tech leaders are joining forces to engineer the next generation of intelligent systems, creating an ecosystem where AI can thrive and deliver tangible benefits. FAQs on Nvidia’s South Korea AI Expansion Who is Jensen Huang?Jensen Huang is the co-founder, president, and CEO of Nvidia, a leading technology company known for its graphics processing units (GPUs) and AI computing platforms. Which South Korean companies are partnering with Nvidia?Key partners include Hyundai Motor, Samsung, SK Group (including SK Telecom), and Naver (Naver Cloud). What is the significance of Nvidia’s visit to South Korea?It marks a major expansion of Nvidia‘s AI collaborations in South Korea, involving significant GPU commitments and joint development projects for advanced AI infrastructure and applications. What is the AI Megafactory being built by Samsung and Nvidia?It’s a facility designed to integrate AI into every stage of Samsung’s manufacturing processes for semiconductors, mobile devices, and robotics, using over 50,000 Nvidia GPUs and the Omniverse platform. What is AI-RAN?AI-RAN (Artificial Intelligence-Radio Access Network) combines mobile base stations with AI to improve network performance and reduce power consumption, crucial for 6G development. How many GPUs will South Korea secure from Nvidia?Over 260,000 of Nvidia’s latest GPUs, with 50,000 for public initiatives and over 200,000 for companies. What is “Physical AI”?Physical AI refers to AI systems that operate directly within real-world industrial sites and physical systems, connecting the physical and digital worlds for enhanced automation and optimization. Naver Cloud is collaborating with Nvidia on this. Conclusion: A New Era for South Korea AI The extensive collaborations between Nvidia and South Korea’s technology giants—from Samsung‘s AI network initiatives and Hyundai‘s software-defined vehicles to SK Group‘s industrial AI applications and Naver‘s cloud and AI services—mark a pivotal moment. These partnerships exemplify the profound fusion of AI and hardware across diverse industries, signaling a new era of intelligent systems. This strategic alignment not only solidifies South Korea’s position as a global leader in AI innovation but also demonstrates how major tech players are proactively shaping the future of technology. For the crypto community, these advancements in core AI infrastructure and applications lay the groundwork for more sophisticated decentralized AI solutions and could significantly impact the broader digital landscape, making these developments critical to watch. To learn more about the latest AI market trends, explore our article on key developments shaping AI features. This post Nvidia AI Ignites Revolutionary Partnerships in South Korea’s Tech Future first appeared on BitcoinWorld.
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Coinstats2025/10/31 21:40
Crypto whale loses $6M to sneaky phishing scheme targeting staked Ethereum

Crypto whale loses $6M to sneaky phishing scheme targeting staked Ethereum

The post Crypto whale loses $6M to sneaky phishing scheme targeting staked Ethereum appeared on BitcoinEthereumNews.com. A crypto whale lost more than $6 million in staked Ethereum (stETH) and Aave-wrapped Bitcoin (aEthWBTC) after approving malicious signatures in a phishing scheme on Sept. 18, according to blockchain security firm Scam Sniffer. According to the firm, the attackers disguised their move as a routine wallet confirmation through “Permit” signatures, which tricked the victim into authorizing fund transfers without triggering obvious red flags. Yu Xian, founder of blockchain security company SlowMist, noted that the victim did not recognize the danger because the transaction required no gas fees. He wrote: “From the victim’s perspective, he just clicked a few times to confirm the wallet’s pop-up signature requests, didn’t spend a single penny of gas, and $6.28 million was gone.” How Permit exploits work Permit approvals were originally designed to simplify token transfers. Instead of submitting an on-chain approval and paying fees, a user can sign an off-chain message authorizing a spender. That efficiency, however, has created a new attack surface for malicious players. Once a user signs such a permit, attackers can combine two functions—Permit and TransferFrom—to drain assets directly. Because the authorization takes place off-chain, wallet dashboards show no unusual activity until the funds move. As a result, the assets are gone when the approval executes on-chain, and tokens are redirected to the attacker’s wallet. This loophole has made permit exploits increasingly attractive for malicious actors, who can siphon millions without needing complex hacks or high-cost gas wars. Phishing losses The latest theft highlights a wider trend of escalating phishing campaigns. Scam Sniffer reported that in August alone, attackers stole $12.17 million from more than 15,200 victims. That figure represented a 72% jump in losses compared with July. According to the firm, the most significant share of August’s damages came from three large accounts that accounted for nearly half…
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BitcoinEthereumNews2025/09/19 02:31