Open interest is often used to gauge the interest and liquidity behind an asset. In Bitcoin’s case, the surge in open interest could signal an imminent breakout.
Bitcoin(BTC)$62,763.004.09%
Ethereum(ETH)$2,456.935.17%
Tether(USDT)$1.00-0.04%
BNB(BNB)$562.192.46%
Solana(SOL)$141.327.69%
USDC(USDC)$1.00-0.06%
XRP(XRP)$0.591.03%
Lido Staked Ether(STETH)$2,456.855.20%
Dogecoin(DOGE)$0.1047842.63%
Toncoin(TON)$5.691.33%