In just 15 minutes, open interest in contract $BIRB rose by 3.93%.
The coin price fell by 0.44%.
Put simply, rising open interest means someone is opening new positions, while falling open interest means someone is closing positions. You can't tell whether they're going long or short from this alone.
Don't just look at the numbers—check the volume too.
The coin price fell by 0.44%.
Put simply, rising open interest means someone is opening new positions, while falling open interest means someone is closing positions. You can't tell whether they're going long or short from this alone.
Don't just look at the numbers—check the volume too.