$IN 15-minute futures open interest increased by 4.37%; the price rose 5.79% over the same period.
Let's use this figure to break down open interest.
Open interest is generally calculated separately for each contract. Here, it refers to open interest in Binance USDT-margined perpetual contracts, not the combined total across all platforms.
A rapid drop in open interest often occurs after sharp volatility, indicating that some leveraged positions have been liquidated. Short-term volatility may also cool off as a result.
Sizing your position based on where you place your stop-loss is much more reliable than guessing.
Let's use this figure to break down open interest.
Open interest is generally calculated separately for each contract. Here, it refers to open interest in Binance USDT-margined perpetual contracts, not the combined total across all platforms.
A rapid drop in open interest often occurs after sharp volatility, indicating that some leveraged positions have been liquidated. Short-term volatility may also cool off as a result.
Sizing your position based on where you place your stop-loss is much more reliable than guessing.