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. Open Interest signifies the total quantity of outstanding derivative contracts, like options or futures, that have not been resolved yet. A surge in OI suggests that more traders are making speculative bets on Bitcoin’s price fluctuations, potentially resulting in heightened market volatility. Stay updated with the latest technology news by accessing NEWSLINKER.
