$STBL 15-minute futures open interest increased by 89.83%, with an open interest value of approximately $5.08 million; over the same period, the price rose 76.24%.
Let’s use this figure to break down open interest.
Open interest reflects the overall size of outstanding contract positions: the higher it is, the more positions may be liquidated if the price moves sharply.
Rapid changes in open interest over a short period mean that someone is opening or closing positions in large volumes, and volatility often increases as a result.
Learning to read indicators is easy. The hard part is sticking to your plan when emotions are at their most extreme.