Bitcoin open interest (OI) experienced a rapid increase, signaling potential market volatility. Analyst Maartunn highlighted on X, the OI jumped by 9.9% in mere hours, climbing from $24.3 billion to $26.7 billion. This substantial rise in leverage often precedes periods of heightened price fluctuations. Traders should exercise caution and manage risk accordingly, as sudden price swings are more likely when open interest increases so dramatically. Monitoring funding rates and order book depth can offer further insight into potential market direction.

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