Wednesday, May 21, 2025 — Bitcoin Open Interest (OI) hits an all-time high, right in the midst of a spectacular price rally approaching US$107,000. This surge in OI is an important indicator that investor interest in BTC is in a phase of high euphoria.
Open Interest, which reflects the total value of active derivative contracts, has now breached levels never seen before. What does this mean? Liquidity is increasing, speculation is heating up, and buying pressure continues to rise. This combination strengthens the bullish narrative that is pushing Bitcoin towards new records.
Is this a signal that we are on the brink of the next price surge? Or could it instead indicate the potential for a major technical correction behind the market's euphoria?
Clearly: the market is hot. And Bitcoin shows no signs of stopping. #BTC #BullRun2025 $BTC