Dogecoin futures fell 4.2% over 24 hours… open interest down 1.8%

Dogecoin’s Binance perpetual futures contract fell 4.2% over 24 hours to $0.06814, with open interest in the same contract dropping 1.8% to $168.9 million, according to Seandra AI data as of 4:25 p.m. on the 9th. The simultaneous decline in price and open interest indicates that positions are being closed or reduced rather than newly opened, though the data alone does not show which traders are unwinding. The move matters because shrinking open interest alongside a price drop points to fading participation in the DOGE derivatives market. Traders will watch whether open interest stabilizes or continues to fall, and whether the futures price holds near $0.068.