Traders Just Added 10,000 Bitcoin Worth of Open Interest to BTCUSDT, Here’s What Could Happen

Bitcoin Open Interest Hits $44.5B: Is A Market Meltdown Coming?

Bitcoin open interest hits $44.5B during price drop, hinting at aggressive short bets and increased volatility. Rising leverage and open positions may trigger mass liquidations if market trends suddenly reverse. Speculators, not long-term investors, now dominate, increasing the chance of sharp and unstable price moves. The open interest of Bitcoin has reached a maximum of $44.5 billion, according to analytical media CryptoQuant. This new record …

Bitcoin Open Interest Hits Record High Amid Price Decline

Bitcoin’s recent price action has been anything but predictable, and the latest data on open interest adds another layer of complexity to the narrative. As the cryptocurrency retraced to $115,000, the Bitcoin Open Interest shot up to a new all-time high, defying the typical correlation between price and open interest. This divergence raises several questions about the market’s sentiment… Source

Bitcoin Open Interest Sets New Record As Price Plunges To $115,000 - Coin Surges

Data shows the Bitcoin Open Interest shot up to a new all-time high (ATH) even as the cryptocurrency’s price saw a retrace to $115,000. Bitcoin Open Interest Has Gone Against The Price Trend As explained by an analyst in a CryptoQuant Quicktake post, the Bitcoin Open Interest has witnessed a sharp surge alongside the latest decline in the price. The “Open Interest” here refers to an indicator that measures the total amount of positions related t…

Bitcoin Open Interest Sets New Record As Price Plunges To $115,000

Data shows the Bitcoin Open Interest shot up to a new all-time high (ATH) even as the cryptocurrency’s price saw a retrace to $115,000. Bitcoin Open Interest Has Gone Against The Price Trend As explained by an analyst in a CryptoQuant Quicktake post, the Bitcoin Open Interest has witnessed a sharp surge alongside the latest decline in the price. The “Open Interest” here refers to an indicator that measures the total amount of positions related t…

Bitcoin Futures: Unpacking The Astonishing Record High In Open Interest

BitcoinWorld Bitcoin Futures: Unpacking the Astonishing Record High in Open Interest Ever wondered what truly fuels the dynamic movements of the cryptocurrency market? Beyond the daily price swings, the derivatives market often provides deeper insights into investor sentiment and potential future trends. Today, the spotlight is firmly on Bitcoin futures, as open interest in these crucial contracts has soared to an unprecedented all-time high. Th…