‼️ Open interest surged 3.68% over $IOST 15 minutes 👀
Take a moment to understand what open interest means before jumping to conclusions 👇
Open interest is generally calculated separately for each trading pair. Here, it refers to open interest in Binance USDⓈ-margined perpetual contracts, not the total across all platforms.
With leveraged trading, first consider whether you can withstand the worst-case outcome, then think about what the indicator is telling you.
Take a moment to understand what open interest means before jumping to conclusions 👇
Open interest is generally calculated separately for each trading pair. Here, it refers to open interest in Binance USDⓈ-margined perpetual contracts, not the total across all platforms.
With leveraged trading, first consider whether you can withstand the worst-case outcome, then think about what the indicator is telling you.