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Bitcoin Open Interest Explodes $2.2 Billion In Only Two Days – Here’s What It Means For Crypto

Kevin Helms
June 9, 2024
bitcoin-open-interest-explodes-$2.2-billion-in-only-two-days-–-here’s-what-it-means-for-crypto
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Latest News and Updates on blockchain industry by AlexaBlockchain (“Alexa Blockchain”).

Open Interest (OI), a key factor in the financial market, indicates the total number of unsettled derivatives contracts; therefore, the spike hints at a massive influx of new positions by traders.

The post Bitcoin Open Interest Explodes $2.2 Billion In Only Two Days – Here’s What It Means For Crypto appeared first on AlexaBlockchain.

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