Khum77_Crypto
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#BinanceSquareTalks
$BTC
Traders just added 10,000 Bitcoin worth of open interest to the BTCUSDT market. This means more money is being used in futures trading, which often leads to bigger price moves. When open interest rises this much, it usually shows that traders expect a strong move either up or down. If the price changes quickly, many of these trades could get liquidated, causing even bigger price swings. This increase could signal growing bullish interest, or it could mean the market is getting too risky. In simple terms: the market is heating up, and we might see sharp price action very soon.
$BTC
Traders just added 10,000 Bitcoin worth of open interest to the BTCUSDT market. This means more money is being used in futures trading, which often leads to bigger price moves. When open interest rises this much, it usually shows that traders expect a strong move either up or down. If the price changes quickly, many of these trades could get liquidated, causing even bigger price swings. This increase could signal growing bullish interest, or it could mean the market is getting too risky. In simple terms: the market is heating up, and we might see sharp price action very soon.
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