Daan Crypto Trades, a cryptocurrency trader, recently pointed out a significant rise in Open Interest (OI) in a post, underscoring the significance of grasping its implications. OI refers to the total number of unresolved derivative contracts, like options or futures, that are yet to be resolved. A surge in OI suggests a growing number of traders are making speculative bets on Bitcoin’s price fluctuations, potentially resulting in heightened market volatility. Stay updated on the latest technology news by accessing NEWSLINKER.