Tracks how much money is currently tied up in Bitcoin, Ethereum, and Solana futures contracts. Measures: Total open interest in USD for Bitcoin, Ethereum, Solana Reflects: How much traders are using leverage (borrowed money) and where they’re betting in the market Interpretation: When open interest goes up, it usually means more traders are jumping in with borrowed money and getting involved · When it goes down, fewer traders are using leverage and the market might be cooling off Context: Commonly analyzed alongside futures funding rates and price trends Tags: Category: Derivatives Metric | Signal Type: Leverage | Market Scope: Futures
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