In short: a certain whale holds $320 million in long positions across 10 addresses, with $8.77 million in unrealized profit.
This kind of background information is unlikely to affect prices much in the short term. Whether open interest is rising or falling can show how leveraged traders are viewing the market.
$BTC is worth keeping an eye on.
Just a note, not investment advice.
This kind of background information is unlikely to affect prices much in the short term. Whether open interest is rising or falling can show how leveraged traders are viewing the market.
$BTC is worth keeping an eye on.
Just a note, not investment advice.