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