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Bitcoin Open Interest Shoots Up With Price Rise, Long Squeeze Brewing?

By Hououin Kyouma at 2025-02-02 09:56

Sentiment: Positive

On-chain data shows the Bitcoin open interest has been rapidly going up with the price, a sign that a long squeeze may be brewing in the market. Bitcoin Open Interest Has Seen Sharp Rise Recently As pointed out by an analyst in a CryptoQuant post, the funding rates are also highly positive right now. The […] Continue reading...

Categories: Bitcoin

Tags: #Bitcoin #bitcoin #bitcoin open interest #btc #btcusd

Source Bitcoinist