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Bitcoin Open Positions Have Soared to $46.59 Billion

Bitcoin Open Positions Have Soared to $46.59 Billion

Bitget2024/11/08 07:31

Bitcoin's open interest has soared to $46.59 billion on Nov. 8, up 13.3% since Nov. 5th. While high open interest usually rings alarm bells, a positive funding rate of 0.0100% suggests traders are still confidently bullish.

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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-1.04%
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ADA
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