Technical Note | $AVA | 15-minute open interest +70.84% | Price +0.67%
Definition: Open interest and trading volume are two different things: trading volume shows how much was traded over a period of time, while open interest is the amount of positions still open at this moment.
How to read it: This chart shows changes in the number of coins in open positions. The coin’s price movements do not affect this figure, so it does reflect actual position openings and closings.
The same data can mean very different things in different market conditions, so don’t blindly apply a single rule.
Definition: Open interest and trading volume are two different things: trading volume shows how much was traded over a period of time, while open interest is the amount of positions still open at this moment.
How to read it: This chart shows changes in the number of coins in open positions. The coin’s price movements do not affect this figure, so it does reflect actual position openings and closings.
The same data can mean very different things in different market conditions, so don’t blindly apply a single rule.