In a recent post, cryptocurrency trader Daan Crypto Trades drew attention to a significant rise, underscoring the significance of comprehending OI. Open Interest signifies the overall number of unresolved derivative contracts, including options or futures, that are still pending. An uptick in OI suggests that a greater number of traders are betting on Bitcoin’s price shifts, potentially resulting in heightened market volatility. Stay updated with the latest technology news by accessing NEWSLINKER.