Glassnode: Bitcoin bulls are accumulating again, positioning for potential year-end market volatility

BlockBeats News, December 22, Glassnode posted on social media that as the price of bitcoin returned above $90,000, the open interest of perpetual contracts has increased from 304,000 BTC to 310,000 BTC (an increase of about 2%), while the funding rate has also risen from 0.004% to 0.009%. The combination of these two indicators suggests that leveraged long positions are being rebuilt, and perpetual contract traders are positioning for potential year-end market volatility.