Bitcoin Open Positions Have Soared to $46.59 Billion
Bitcoin's open interest has soared to $46.59 billion on Nov. 8, up 13.3% since Nov. 5th. While high open interest usually rings alarm bells, a positive funding rate of 0.0100% suggests traders are still confidently bullish.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
DWF Labs Managing Partner: Personally only holds Bitcoin, USDT, and FF
Data: Institutions may be re-entering the Ethereum market, focusing on low-volatility accumulation zones
Southbound funds' cumulative net purchases surpass 5 trillion Hong Kong dollars
SodaBot fully launched, AI takes over trading, ushering in a new era of intelligent Meme trading
Trending news
MoreCrypto prices
More
