$AVAX 24-hour change: +5.62%; open interest in perpetual futures increased 3.41% over the same period.
The current price is 11.551, with a trading volume of 59.37 million USDT. Prices and open interest are rising together, suggesting that bulls are still adding to their positions.
Closing positions and opening positions in the opposite direction are two different things in the market, but the open-interest figure alone can't tell them apart. This figure doesn't mean much on its own; you need to track it over several days.
$AVAX #Cryptocurrency
The current price is 11.551, with a trading volume of 59.37 million USDT. Prices and open interest are rising together, suggesting that bulls are still adding to their positions.
Closing positions and opening positions in the opposite direction are two different things in the market, but the open-interest figure alone can't tell them apart. This figure doesn't mean much on its own; you need to track it over several days.
$AVAX #Cryptocurrency
