Daan Crypto Trades, a prominent cryptocurrency trader, recently pointed out a significant rise in Open Interest (OI) in a post, underscoring the significance of comprehending this metric. OI denotes the overall number of derivative contracts, like options or futures, that are still unsettled. A surge in OI signals a growing number of traders speculating on the price fluctuations of Bitcoin, potentially resulting in heightened market volatility. Stay up-to-date with the latest technology news by accessing NEWSLINKER.
