Bitcoin Open Positions Have Soared to $46.59 Billion
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.
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.
You may also like
Elon Musk speaks out again: It would be my honor to hire Jensen Huang
On November 12 local time, the well-known financial commentary account ZeroHedge posted on social platform X, calling out to Musk: "Elon please hire Jensen." Musk immediately responded: "That would be an honor."
5 Days of Bitcoin ETF Outflows, Brought to You Mostly by BlackRock
Crypto prices
More
