$MUBARAK Today's top spot is up 52.7%. But what really made me stop is the position size: over the past 24 hours it increased by 128%, more than doubled in a single day.
A doubling in open interest usually means a large influx of newly opened positions. Coupled with its 38x volume multiplier, this move suggests new capital has entered the market. When I saw these numbers, I was a bit surprised.
Another number: the current price is already 6.2x higher than its own interval’s closing low (2026-06-27).
I wouldn’t touch the #1 position, but I think this open-interest change is more worth noting than the gain itself.
Has anyone experienced open interest doubling in a day like this? I’d like to ask how things turned out later. Not investment advice
#MUBARAK
A doubling in open interest usually means a large influx of newly opened positions. Coupled with its 38x volume multiplier, this move suggests new capital has entered the market. When I saw these numbers, I was a bit surprised.
Another number: the current price is already 6.2x higher than its own interval’s closing low (2026-06-27).
I wouldn’t touch the #1 position, but I think this open-interest change is more worth noting than the gain itself.
Has anyone experienced open interest doubling in a day like this? I’d like to ask how things turned out later. Not investment advice
#MUBARAK
