🔔 Record $47B in Altcoin Open Interest Signals Potential Volatility Spike !
Open interest across major altcoins has surged to an all-time high of about $47 billion, raising concerns over heightened crypto volatility. Analysts warn that heavy leverage combined with low implied volatility could trigger sharp market swings if resistance levels fail. ETH options OI also sits near yearly highs as spot ETH approaches record prices.