📎 Data at a glance: $ARPA |1-hour open interest +10.79%|price -5.44%
· What it means: Open interest reflects the overall size of positions in contracts. The higher it is, the more positions may be liquidated if the price moves sharply.
· A common interpretation: A sharp change in open interest over a short period means someone is opening or closing positions in large volumes, and the volatility that follows often increases too.
Don't let a single number throw you off your original strategy, and don't gamble on a hunch with borrowed money.
#ARPA
Be aware of the risks and make your own decisions.
· What it means: Open interest reflects the overall size of positions in contracts. The higher it is, the more positions may be liquidated if the price moves sharply.
· A common interpretation: A sharp change in open interest over a short period means someone is opening or closing positions in large volumes, and the volatility that follows often increases too.
Don't let a single number throw you off your original strategy, and don't gamble on a hunch with borrowed money.
#ARPA
Be aware of the risks and make your own decisions.