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. OI reflects the total number of unresolved derivative contracts, including options or futures, that have not been completed. A surge in OI suggests that more traders are making speculative bets on the price fluctuations of Bitcoin, potentially resulting in heightened market volatility. Stay up-to-date on the latest technology news by accessing NEWSLINKER.
