Friends, this is something you really need to understand: open interest!
Every open contract has both a long and a short position, so the total number of long positions in the market always equals the total number of short positions.
The higher the open interest, the more positions may face liquidation or stop-losses during sharp market moves. That’s why open interest is often seen as an indicator of leverage activity.
Here’s the current price: $BTC is trading at 77,218.01, down 4.78% over the past 24 hours.
Save this and take a closer look later 👇
#BTC
Every open contract has both a long and a short position, so the total number of long positions in the market always equals the total number of short positions.
The higher the open interest, the more positions may face liquidation or stop-losses during sharp market moves. That’s why open interest is often seen as an indicator of leverage activity.
Here’s the current price: $BTC is trading at 77,218.01, down 4.78% over the past 24 hours.
Save this and take a closer look later 👇
#BTC
