In just 15 minutes, open interest for $APR increased by 4.22%, while the coin’s price rose by 8.98%.
Put simply, when open interest and price rise together, it usually means traders are entering long positions.
An increase in open interest means new positions are being opened; a decrease means positions are being closed. This alone doesn’t tell you whether they’re long or short.
#APR
Just take it as something to listen to—don’t buy based on it. Make your own judgment.
Put simply, when open interest and price rise together, it usually means traders are entering long positions.
An increase in open interest means new positions are being opened; a decrease means positions are being closed. This alone doesn’t tell you whether they’re long or short.
#APR
Just take it as something to listen to—don’t buy based on it. Make your own judgment.