Bitcoin Tensions Rise: Open Interest Soars, Brace for Volatility?
Syed Abdul Qadir
Business Consultant @ SAM | Sales & Marketing | E-commerce & Shopify SEO Specialist | SEMrush, GA4 & GSC Pro | Computer Engineer
Bitcoin’s open interest has surged to exceptionally high levels, suggesting imminent significant volatility in the market.
There has been a rapid increase in Bitcoin’s open interest lately.
Analysts in a CryptoQuant Quicktake article highlighted a substantial amount of BTC open interest, indicating the total number of?Bitcoin?futures contracts available across all derivative exchanges.
When this metric rises, investors are likely entering new positions in the derivative market, potentially leading to increased volatility as overall market leverage tends to rise during such periods.
Conversely, a decrease in open interest may signify either liquidation or voluntary contract closures, generally resulting in a more stable market as leverage decreases.
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