$CKB 15-minute futures open interest rose 4.27%, with an open interest value of approximately $6.56 million; price was up 2.23% over the same period.
To see whether capital is entering the futures market, start with open interest—but make sure you interpret this figure correctly.
Futures open interest reflects both leverage and hedging demand; some positions are held solely to hedge spot exposure.
This looks at changes in the number of coins in open positions. Price movements themselves do not change this figure, so it reflects actual opening and closing activity.
Cross-checking multiple indicators is more reliable than looking at just one, but even more indicators cannot provide a definitive conclusion.
#CKB
Just my personal opinion, not investment advice.
To see whether capital is entering the futures market, start with open interest—but make sure you interpret this figure correctly.
Futures open interest reflects both leverage and hedging demand; some positions are held solely to hedge spot exposure.
This looks at changes in the number of coins in open positions. Price movements themselves do not change this figure, so it reflects actual opening and closing activity.
Cross-checking multiple indicators is more reliable than looking at just one, but even more indicators cannot provide a definitive conclusion.
#CKB
Just my personal opinion, not investment advice.