$76 Million Worth of Shiba Inu Tokens Locked Into Derivatives Market Amid Rising Activity

Traders of Shiba Inu (CRYPTO: SHIB) have locked a staggering 7.38 trillion SHIB tokens into the derivatives market. This move has triggered a price surge and a renewed wave of optimism among the SHIB community.

As per data from CoinGlass, the SHIB tokens locked in are valued at over $76 million. This action aligns with a wider crypto market resurgence, suggesting a growing confidence in the future of SHIB.

Information from the CoinGlass indicates that momentum is making a comeback in the SHIB ecosystem, with investors placing substantial bets on the Shiba Inu …

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