🚨 Open interest surged 5.95% in $WLD 15 minutes 👀
Hold on—understand open interest first 👇
Futures open interest reflects the combined demand for leverage and hedging. Some positions are simply used to hedge spot exposure.
Open interest should be viewed alongside price and funding rates; changes in open interest alone make it hard to tell whether the market is leaning long or short.
For leveraged positions, first work out whether you can withstand the worst-case scenario, then consider what the indicators are saying.
Hold on—understand open interest first 👇
Futures open interest reflects the combined demand for leverage and hedging. Some positions are simply used to hedge spot exposure.
Open interest should be viewed alongside price and funding rates; changes in open interest alone make it hard to tell whether the market is leaning long or short.
For leveraged positions, first work out whether you can withstand the worst-case scenario, then consider what the indicators are saying.