Daan Crypto Trades, a cryptocurrency trader, recently pointed out a significant rise in Open Interest (OI) in a post, stressing the significance of comprehending OI. OI is a metric that denotes the total number of unresolved derivative contracts, including options or futures, that have not been settled. A surge in OI suggests that there is a growing number of traders speculating on the price fluctuations of Bitcoin, potentially resulting in heightened market volatility. Stay updated on the latest technology news by accessing NEWSLINKER.
