HomeCrypto GamingBitcoin Open Interest Set Record Highs as BTC Price Surges to $71K,...

Bitcoin Open Interest Set Record Highs as BTC Price Surges to $71K, Here’s Why

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Excessive open curiosity can result in elevated volatility, particularly as contracts close to expiration. Merchants would possibly rush to shut, roll over, or alter positions, which may result in important value actions. Analysis agency Kaiko mentioned in an X publish that whereas futures confirmed robust curiosity from merchants, the funding charges for such positions stay nicely beneath March highs which point out tempered demand.

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