$ONE 15-minute contract open interest rose 3.8%, with an open interest value of about $12.61 million; the price rose +3.96% over the same period.
Let’s use this figure to talk about open interest.
Open interest and trading volume are two different things: trading volume measures how much was traded over a period of time, while open interest is the number of contracts still open at this moment.
If open interest rises but spot buying doesn’t keep pace, the market may become more reliant on derivatives funding. Such moves often rise quickly and can also reverse quickly.
All data describes past market activity; the market could move in the opposite direction at any time.
#ONE
Let’s use this figure to talk about open interest.
Open interest and trading volume are two different things: trading volume measures how much was traded over a period of time, while open interest is the number of contracts still open at this moment.
If open interest rises but spot buying doesn’t keep pace, the market may become more reliant on derivatives funding. Such moves often rise quickly and can also reverse quickly.
All data describes past market activity; the market could move in the opposite direction at any time.
#ONE