🐋 Open interest in $US -minute contracts rose 161.15%; the price increased 1.21% over the same period.
To see whether leveraged money is entering the market, start by looking at open interest—but make sure you understand what this figure means.
Open interest is not an inflow of funds: an increase only means that more contract positions are open. It doesn’t tell you whose funds they are or which direction they’re betting on.
Open interest should be considered alongside price and funding rates. It’s difficult to determine the direction by looking only at changes in open interest.
The same reading can mean very different things in different market conditions, so don’t apply a rule of thumb blindly.
#US
To see whether leveraged money is entering the market, start by looking at open interest—but make sure you understand what this figure means.
Open interest is not an inflow of funds: an increase only means that more contract positions are open. It doesn’t tell you whose funds they are or which direction they’re betting on.
Open interest should be considered alongside price and funding rates. It’s difficult to determine the direction by looking only at changes in open interest.
The same reading can mean very different things in different market conditions, so don’t apply a rule of thumb blindly.
#US