Daan Crypto Trades, a cryptocurrency trader, recently pointed out a significant rise in Open Interest (OI) in a post, underscoring the significance of comprehending OI. OI is the total number of outstanding derivative contracts, like options or futures, that have not been settled. A surge in OI suggests that more traders are making speculative bets on the price movements of Bitcoin, potentially resulting in heightened market volatility. Stay updated on the latest technology news by accessing NEWSLINKER.