Daan Crypto Trades, a cryptocurrency trader, recently pointed out a significant rise in Open Interest in a post, underscoring the significance of comprehending OI. Open Interest signifies the total volume of outstanding derivative contracts, like options or futures, that have yet to be resolved. A surge in OI suggests that more traders are speculating on Bitcoin’s price fluctuations, potentially causing heightened market volatility. Stay updated with the latest technology news by accessing NEWSLINKER.