🔍 Data at a glance: $LUMIA |1-hour open interest +28.21%|Price +52.5%
· Definition: Open interest rises when both buyers and sellers open new positions, and falls when both close positions. If one side opens while the other closes, open interest remains unchanged.
· How to read it: This tracks changes in the number of coins held in open positions. Price movements alone don't change this figure, so it does reflect opening and closing activity.
Leave enough margin for leveraged positions—don't let a single wick liquidate you.
#LUMIA
The data comes from public sources; be sure to verify it yourself.
· Definition: Open interest rises when both buyers and sellers open new positions, and falls when both close positions. If one side opens while the other closes, open interest remains unchanged.
· How to read it: This tracks changes in the number of coins held in open positions. Price movements alone don't change this figure, so it does reflect opening and closing activity.
Leave enough margin for leveraged positions—don't let a single wick liquidate you.
#LUMIA
The data comes from public sources; be sure to verify it yourself.