Daan Crypto Trades, a cryptocurrency trader, recently pointed out a significant rise in open interest (OI) in a post, stressing the significance of comprehending OI. Open Interest is the total number of unresolved derivative contracts, like options or futures, that are yet to be settled. An uptick in OI suggests that more traders are speculating on the price fluctuations of Bitcoin, potentially resulting in heightened market volatility. Stay updated with the most recent technology news by accessing NEWSLINKER.
Traders Flock to Market as Open Interest Grows
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Traders Flock to Market as Open Interest Grows