$ICNT Open interest surged 5.42% in 15 minutes
Don’t rush—first, understand what open interest is.
Open interest is usually calculated separately for each contract. Here, it refers to open interest in Binance USDⓈ-M perpetual contracts, not the total across the entire market.
Extreme readings usually signal larger price swings. At times like these, it’s better to reduce leverage rather than increase your position.
#ICNT
Don’t rush—first, understand what open interest is.
Open interest is usually calculated separately for each contract. Here, it refers to open interest in Binance USDⓈ-M perpetual contracts, not the total across the entire market.
Extreme readings usually signal larger price swings. At times like these, it’s better to reduce leverage rather than increase your position.
#ICNT