$AVAX 15-minute futures open interest increased by 2.74%, with the value of open positions at approximately $73.61 million; during the same period, the price fell by 2.16%.
To see most directly whether leveraged funds are flowing in or out, look at open interest—but you need to understand what this figure means.
Open interest (OI) is the total number of contracts that have not been closed in the market. It measures the size of open positions, not trading volume.
Open-interest baselines vary greatly across coins. It’s not unusual for a small-cap coin’s open interest to change significantly within an hour or two, while the same magnitude of change is much less common for top coins.
Don’t chase trades during the most volatile minutes. Wait for the price move to play out before deciding.
#AVAX
To see most directly whether leveraged funds are flowing in or out, look at open interest—but you need to understand what this figure means.
Open interest (OI) is the total number of contracts that have not been closed in the market. It measures the size of open positions, not trading volume.
Open-interest baselines vary greatly across coins. It’s not unusual for a small-cap coin’s open interest to change significantly within an hour or two, while the same magnitude of change is much less common for top coins.
Don’t chase trades during the most volatile minutes. Wait for the price move to play out before deciding.
#AVAX
