CoinTurk NEWS says Shiba Inu open interest jumped 15%. The piece links that move to whale wallets accelerating accumulation.
The same source also claims the spot market is slowing while derivatives volumes rise. In other words, CoinTurk frames more activity showing up in contracts rather than immediate spot buying.
CoinTurk further says institutional investors are taking positions ahead of a possible breakout. The article does not provide extra numbers or on-chain details beyond the open interest change it cites.
That combination matters because open interest tracks outstanding derivatives positions. It can move for multiple reasons, and risk cuts both ways for any asset. Still, the desk flags CoinTurk’s key theme. Activity is tilting toward derivatives while large holders add.
As with any memecoin asset with high volatility, treat claims like these as a snapshot, not a promise. Open interest changes are data points, not confirmations of direction.