A recent post by cryptocurrency trader Daan Crypto Trades pointed out a significant rise in Open Interest (OI), stressing the significance of grasping this concept. OI is the total number of outstanding derivative contracts, like options or futures, that have not been resolved. A surge in OI suggests that more traders are speculating on the price fluctuations of Bitcoin, potentially causing a spike in market volatility. Stay updated on the latest technology news by accessing NEWSLINKER.
